General Archives |

Retirement options

A couple of clients have been asking for the distinctions of possible retirement savings plans, I hope this basic listing helps. SEP A SEP is a Simplified Employee Pension plan. Because this is a simplified plan, the administrative costs should be lower than for...

All taxpayers beware of nothing…

To all taxpayers out there beware of Congress, if they do nothing regarding the Bush tax cuts.  You know those tax cuts that were only for the rich that cut the bottom rate from 15% to 10%.  If the current administration does nothing the bottom tier of the tax rate...

Addendum: All risk and no rewards.

I now believe that everyone should run for government office.  Get elected get the pension and medical benefits for life and then start your own business.  We all cannot be worse than the worst ones out there and my be better than the best of them.

No reward for the risk.

With the current administration planning to change the way an S-corporation is taxes for service businesses, so all profit will be subject to self employment taxes we are coming to a crossroads.  I have always been a strong advocate of starting a small business.  But...

10 Key

Does anyone other than accountants use a 10 key?  If so am I the only one that is annoyed that the 10key keypad does not match the keypad on a telephone?  When I go from the 10 Key to the phone I always miss dial because the numbers are upside down. This also makes me...

New graduate and now the debt.

As graduation season comes to a close, I want to offer my congratulations.  But, some graduates now have something looming six months in the future.  The begin of student loan payments. The luckiest ones have jobs and circumstances that will not make this an issue. ...

Pin It on Pinterest