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Corporate Tax Reform

As usual, now that an election has occurred some thoughts turn to tax reform.  Not that the idea is ever too far away. The current idea is to revamp just the tax rules for corporations, though most believe that this will go nowhere.  But there is bipartisan agreement...

Roth Conversion

I recently had a discussion with a client concerning some year end tax planning.  He was talking to his financial advisor about converting some of his Traditional IRA into a Roth. The idea behind this is some early estate planning.  His assets are positioned in such a...

5G

It looks like in the not too distant future we will see the debut of fifth-generation cell phone networks, or 5G. With this next generation we will have voice and data speeds more than 10 times as fast as the current 4G mobile speeds and capable of matching...

Minimum Wage

I have heard some interesting responses to the Illinois Minimum Wage Increase Question that was on the November 4, 2014 ballot as an advisory question. This was basically a non binding referendum which was approved. The measure asked voters whether they supported...

Surprises Happen

A few years ago I had a client come to me and state that they were thinking of retiring in the not too distant future. They had worked for their own business and did not have enough fiscal quarters in to be eligible for Social Security. At this point I suggested a...

The Future of college education?

Clay Christensen has predicted that half of universities will go bankrupt in the next 15 years.  This is a bold statement to be sure.  In A recent Business Insider interview he elaborated a bit on his thought process. “I have made an observation that relates to this....

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