Business Succession

According to California-based exit planner Bill Black, "85% of small businesses have done no planning, leaving their families and employees at risk." Survey after survey indicates that Baby Boomer and Genx business owners have done little to prepare for the day when they will no longer work in their businesses. Unfortunately, exiting a business in [...]

By |2020-04-13T19:23:22+00:00November 20th, 2019|Estate Planning, General Business|

Should You Be Concerned About Required Minimum Distributions

If your Required Minimum Distribution is not managed properly you may be exposed to additional tax liability   Determined by the fair market value of qualified retirement accounts, a Required Minimum Distribution (RMD) is the minimum withdrawal amount account owners must take when they reach age 70½. Types of accounts affected by the Internal Revenue [...]

By |2020-04-16T00:19:52+00:00August 19th, 2019|Retirement Planning|

Your Guide To Choosing A Tax Professional

Taxes are complicated, and full of regulations and ever changing laws. Depending on your situation, your tax return may be simple, or involve a series of very detailed steps. If you don’t know what you’re doing, tackling a complicated tax return by yourself can potentially create problems, i.e. audits, and trusting a local tax preparation service isn’t always a foolproof option either. A trusted tax professional, someone whom you’ve selected and whom you feel comfortable working with, is a valuable asset

By |2020-04-15T01:11:48+00:00February 13th, 2019|Financial Planning|