Withdrawing From Your 401K? Keep Track Of Your IRS Debt.

One of the unforeseen problems with taking early withdrawals from the 401k can be the accumulation of a huge debt to the IRS. Most people fail to figure this out (maybe because they forget to read the ‘fine print’, or maybe because this is a lesser known fact), but when they take an early withdrawal [...]

IRA Updates You Need To Know

There were recent changes in the legislation which everyone needs to be aware of. Even though this year the retirement security plans were the centre of discussions, there are a few other reforms pertaining to your IRA which can make a significant difference in your financial plans for 2008.
There have been massive changes in the [...]

Lets Pay Taxes!

Here’s a really useful article I found on Russell Bailyn’s Blog. You can find the original post at his blog here.
The Economic Stimulus Package + Other Helpful Tax Strategies
We’re entering the heart of tax season so I figured now would be a good time to do this post. If you are a client and haven’t [...]

So Much For Your Stock Broker, Eh?

I wish I had a future telling mirror which never spoke…

Home Equity Loans – Technique To Consolidate Your Bills

For a person who is in debt, sometimes the biggest challenge to face is the psychological pressure imposed by his/her peers, and more importantly by himself/herself. There are however a few step that can and must be taken to solve the situation. The problem needs to be broken down to bit sizes and dealt with [...]

Memory Error

I found this really funny…

How Much Risk Is Too Much Risk?

Protecting your assets is the top concern of everyone. Everyone has their own definition of this wretched word – ‘Risk’. Bottom line is that everyone is afraid of losing their money when it comes down to investment assets. The truth is that this definition takes a whole new meaning depending upon your current stage in [...]

Financial Agreement Or A Windows Error?

I got this in my mail yesterday. It looks more like a Financial Agreement rather than a Windows warning.

More Audits In 2008

What some may consider a rumor is not a rumor after all. The IRS announced it publicly that it plans to do more random audits this year. This announcement came as a direct consequence of the study done by Government Accountability Office which highlighted the tax gaps. Hence, in addition to random audits, the IRS [...]

Bad Credit Report? The Next Step.

Well, let’s face the facts. Now, that may seem like the easiest thing to do, however, I see it day in and day out, that the most difficult thing for clients who come to our company is ‘facing facts’. Some clients with bad credit report just want someone to waive a magic wand and make [...]