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The Gift Tax

With all the talk and it is currently only talk, there is a question of what will happen with the gift tax?   Most expect it to stick around in some form or another.   It is considered to act as a backstop to help prevent income shifting from donors in high...

Financial Advisor

Last Year I meet with a young man who was a financial advisor.  I was impressed by how he presented himself but also how he described his process of working with his clients.  It was not materially different from others I have worked with, but a certain earnestness...

Interest Rates

The Federal Reserve will be under tremendous pressure for the next few quarters to raise its benchmark lending rate faster than is has recently. Which will then have the trickle effect on higher costs on lines of credit, HELOC’s, mortgages, credit cards and down the...

Vacation plans

A couple of years ago, a couple of family members suggested going back to Disney for our vacation.  So being the dutiful husband and father, I looked into it and the costs of a Florida trip and they were terrifying! The airfare and hotel costs were over double what a...

Minimum Wage

The minimum wage continues to be a major issue to politicians as well as small business owners.   But I was reading recently that in a 2014 study from the nonpartisan Congressional Budget Office, it was found that raising the federal minimum wage to $10.10 an...

The Dreaded Budget

I have spent some time in the past quarter working with clients on their first business budget.  They are looking to grow to the next level and a budget is a good tool for the assistance for this measure.   But, drilling down a budget to its essence is really...

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