According to the Labor Department, inflation is currently running at 1% (a four year low) and dropping. For consumers, low inflation seems pretty cool. Low inflation means we can buy more “chozzerai” (junk) for the same amount of money. What’s wrong with that? According to the Federal government, plenty. When people expect prices to stay […]
MyCorporation Review – Business Set Up Made EASY
Deborah Sweeney and her company “MyCorporation” want to make it easy and inexpensive for small business owners to set up their business entity and maintain their ongoing legal requirements. The concept is for you to use their services to prepare all your documents and file them as required, when required. It’s true that using MyCorporation […]
How To Complete An IRA Distribution Form Right
One of the quickest ways to attract the ire of the IRS is to make a mistake on your IRA distribution form. And when it comes to completing this document it’s super easy to make mistakes. Of all the questions I get on IRAs, this is the topic that causes the most confusion. Don’t get […]
5 Smart Tax Loss Harvesting Tactics Before Year End
If you sold any long-term assets this year you could be staring down a 20% tax on the gain unless you take corrective action. And if you pull down high income, it gets worse. The IRS can slap on another 3.8% tax for good measure. That’s going to leave a mark friend. Fortunately there are […]
Is The Stock Market Too High?
Are you concerned about the stock market’s meteoric rise this year? Is it all huff and puff? And are your investments about to get blown down? Have the speculators driven prices up to far and too fast? I got a few calls last week from clients asking these and other questions. They wonder if it […]
The Truth About Boosting Your Credit Score
There is so much hype about credit scores that it’s easy to get fixated on your number. It’s true that your score is important and it helps reduce your cost of borrowing. But let’s not go overboard. Most people don’t have to go to extraordinary lengths to boost their score – and you probably don’t […]