It is Too Early to Hit the Panic Button!

With the recent market decline, many investors are ready to hit the panic button. Here are four things to consider before doing so.


Wealth Planning and the New Tax Laws

Seven features in the new tax plan impacting financial planning The Tax Cuts and Jobs Act of 2017 will expire in eight years Standard Deductions are UP. Personal Exemptions are GONE. State and Local Tax deductions are reduced¬† Interest deduction¬†for home equity loans are gone Use Qualified Charitable Deductions as a part of your RMD … Continue reading Wealth Planning and the New Tax Laws

Convert Your Business Loss to a Roth IRA

A bad business year can be rough weather. However, with careful planning these losses will not only produce a tax break, but could provide you with a way to make a tax-free Roth IRA conversion.

Finding Focus

What are we really about? If you own a business or professional practice it is easy to drift off course. In the course of the day you will answer 100 emails, put out dozens of proverbial (I hope) fires, referee management disagreements, hire new employees, review the performance of good marginal ones, fire bad ones, … Continue reading Finding Focus

Keep Track of Your Total Net Worth

The "Life Balance Sheet" is an Essential Tool for Your Wealth Planning Business and professional practice owners know they cannot effectively run their company without understanding its financial position. In the same way, when it comes to making a comprehensive wealth plan, they also need a framework to assess their overall financial status. A … Continue reading Keep Track of Your Total Net Worth

Four Keys for Managing Change

To grow a business or increase its value, owners must frequently undertake different change initiatives. This model, "The Four Keys for Managing Change," is a simple guide to get you started.