The road to financial security mirrors many types of journeys. It’s filled with twists and turns, unexpected forks, and detours. This road is different for each person and even medical doctors need the right map to guide them to financial security.
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Perspectives
Perspectives: Do you qualify for charitable giving tax benefits this year?
With the season of both gratitude and giving upon us, many of us feel particularly grateful to be in a position to offer assistance to our neighbors during hard times.
Read More »PERSPECTIVE: Retirement-bound investors, it’s time to review your 401(k)
As older workers transition their aggressive investments to more conservative investments, they now face historically low interest rates. Interest rates have been falling since the 1981 when the 10-year-government bond rate peaked at 13.92%. The current 10-year government bond rate sits at about 1.5%.
Read More »PERSPECTIVE: More women are taking leadership roles, and that’s good
Ruth Bader Ginsburg, Supreme Court judge and women’s rights activist, left behind a great legacy and some very inspiring words for women, and women across America are following her advice.
Read More »Construction industry disruptors will continue in 2022 and beyond
The pandemic has truly been a wild and crazy journey for industries across the spectrum, including the harsh impact on the construction industry. The pandemic caused and continues to cause disruptions from shortages, transport problems, the greening of sectors, labor availability and trade problems in the construction industry.
Read More »Why we need to address the child care dilemma
Today I attended a presentation by York Day Nursery on early childcare. It was a real eye opener. If you are a business owner, manager, or community leader, you should get your eyes opened, too.
Read More »Insurance tips for home-based contractors
Nearly 600,000 one-person firms operate in the residential building construction space, according to the U.S. Census Bureau. I believe it is safe to say many of these businesses operate out of the owner’s home, although this number is not readily available.
Read More »What the ‘Build Back Better’ plan could mean for you
In December of 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law. Only four years later, another piece of major tax legislation is expected to be enacted. Like the TCJA, proposed 2021 tax legislation would be far-reaching and only require a simple majority in the Senate. Recently, the U.S. House Ways and Means Committee released the latest version of President Biden’s Build ...
Read More »What is my Lifetime Income Tax Bill, and how can I try to reduce it?
The media has been full of headlines discussing various income tax proposals, many of which focus on the “wealthy.” Fortunately, many business owners fall into that category, and many are concerned about higher future tax rates. Let’s look at why taxes might increase and how to think differently about your personal and business tax plan. Many ...
Read More »Family businesses should support one another, here’s how
There is a way to build a successful, multi-generational family business that doesn’t suck every last ounce of energy out of you. It starts with giving up the notion: “I/we will figure it out (X) on our own.” That mentality leads to a long, arduous journey that often ends up in failure.
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