Latest From the Blog
Self-Directed IRAs Can Be A Mine Field
Self-directed IRAs are not for the faint of heart. There are many ways for a seemingly innocent misstep to “blow-up” your IRA, causing your retirement funds to be taxed along with some BIG penalties and interest.
Tax Basics - Don't Make It Hard
Many people including me want to make things hard. Because, if it isn’t hard, it is not worth doing. That old adage too often doesn’t carry its own weight.
Humility = Money
Our featured WSJ article by Heidi Mitchell was published on November 4, 2021. It discusses studies that show that humble entrepreneurs are able to raise more money than ones who are not.
Online Sports Betting - the IRS, the States, the School Districts and the cities can't lose
From a cash flow standpoint, the IRS, the state, school districts and cities can’t lose when it comes to gambling. From a tax standpoint, whether you win or lose at gambling. - you can’t win.
Forever Home
Retirees Spend a Lot of Time and Money to Buy Their ‘Forever Home.’ Then They Sell It. It doesn’t take long for people to discover that what’s perfect now is far from perfect before too long. And it costs them.