Tax Exempt – Blog
With Kelly D. O’Connor
To SEP IRA Or Not To SEP IRA
To SEP IRA Or Not To SEP IRA The #1 reason people are advised to put funds into these accounts is because of the apparent tax savings…because it “defers” the taxes. I like to use a more accurate term, POSTPONE because that’s truly what it’s doing. It postpones the...
Common Uncommon
If someone asked you, "Is your income common or uncommon compared to all the households that file a tax return?" what would be your answer? Let's first define "uncommon". I believe if you're in the top 25% of income earners and therefore making more than 75% of...
COVID-19 and Saving For Retirement
What If You Never Lost Money? Wouldn't that put you in a position to take advantage of opportunities that are created AFTER a downturn when everyone else has lost money?Unbelievable! Just 30 days and the coronavirus (COVID-19) changed the world, forever. It’s not bad...
What If You Never Lost Money?
What If You Never Lost Money? Wouldn't that put you in a position to take advantage of opportunities that are created AFTER a downturn when everyone else has lost money?Our country is heading pretty quickly to the same scene that happened when Thelma and Louise drove...