finance

Traditional or Roth? A Fresh Look at Your 2026 Retirement Contributions

Retirement Contributions for 2026: Plan Now, Avoid a Year-End Scramble As year-end approaches, retirement contributions deserve a place on your tax-planning checklist. Whether you contribute through an employer’s 401(k), fund an IRA, or maintain a retirement plan for your business, reviewing your options now can help you avoid missed deadlines and identify potential tax savings.

Purchasing a commercial property? Three top items to discuss with your CPA

If you are thinking about purchasing commercial property, there are several items that we discuss often with our clients. These are the three more common items raised during our discussions: Entity structure Different options depending on tax benefits, liability protection, and operational efficiency (usually, LLC or partnership for Real estate investments) Purchasing options (Cash flow)

Bad debt 101 – Going into debt to finance vacations

We are in the summer of 2024 and more and more Americans are willing to go into debt to finance their vacation. Note that the interest expense on personal debt is not deductible (in contrast with mortgage interest for your home). This post pandemic world never ceases to amaze me. Cost of living (home, rent,

By |2025-01-06T17:15:40+00:00August 19th, 2024|Categories: Individuals|Tags: , , , , , |
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