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A Controversial Advanced Tax Strategy

I have some bad news for you. If you own a qualified plan (IRA or 401(k)) then you may be in a possession of a bomb—a tax bomb to be more exact. For years the “High Priests of Finance” have [...]

How to Thrive, Expand & Pay Taxes

How to Thrive, Expand & Pay Taxes As a private practice owner, I have a natural disdain for paying taxes. I see how much my partners and I, and all of our clients pay every year [...]

Myth: The After-Tax Borrowing Rate

Myth: The After-Tax Borrowing Rate As a person weighs the options on whether or not to borrow money, the effect on income tax must also be factored into the equation.  That means one must understand what [...]

How to be Smarter than a Physicist

How to be Smarter than a Physicist Albert Einstein is quoted as saying, “The hardest thing in the world to understand is the income tax.” And this guy is a world-renowned physicist! I am thinking he [...]

Minimizing Taxes

Minimizing Taxes Throughout history taxes have been necessary to pay for public services and needs. As the civilization grows, so does government, and this requires more revenue to pay for the expenses of the Treasury. Legislation [...]

An IRS Agent Walks Into a Bar…

An IRS Agent Walks Into a Bar… Ee all know jokes about the IRS and getting taxed seemingly to death. But I doubt any of us laugh when we pay those tax bills. Is writing that [...]

Don’t Let the Tax-Tail Wag the Dog

I have a confession. Taxes are not my favorite subject. The tax code is a complex labyrinth of opinions and verbiage which would take a lifetime of research to try and clarify. Unfortunately, in working with over 200 practice owners [...]

7 Ways to Lessen the Tax Bite

Income tax is a fact of life. It shouldn’t be, but it is--we live in a world today where we do not know anything else. It is a wildly subjective and inefficient system, but it is something that we cannot [...]

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