Announcing My New Book! – November 28, 2017

If you are running your own business in California, specifically in the San Francisco Bay Area or are planning to start one, please check out my new book “Secrets of Small Business Success in the San Francisco Bay Area”. The book was created just for San Francisco Bay Area small-business owners like you. It’s fun, […]

Be Careful With Self Directed IRAs – November 21, 2017

Thinking of a Self-Directed IRA? Did you hear or see a commercial or receive a solicitation letter about investing in a self-directed IRA? The IRS recently released a notice to taxpayers, warning them about potential problems with some IRA investments. This notice led to many questions from IRA owners about self-directed IRAs. The IRS Does […]

Proposed Tax Act (Repeal Overview) – November 8, 2017

The newly released proposed tax act, referred to as the “Tax Cuts and Jobs Act,” came with a few surprises and some not so shocking proposals. Because the document is 429 pages long, several people have (understandably) asked for quick reference lists of items they find important. Here is one of those lists that shows […]

What Is A Multi-Generational IRA? – October 24, 2017

Who will get the money in your IRA if something happens to you? Congress created IRAs to encourage Americans to plan for their retirement but it never intended for them to accumulate funds and defer taxes indefinitely. Unless an IRA owner takes specific steps to continue to defer tax liability, the government could end up […]

In Pursuit Of Perfection? Strive For Excellence Instead – September 22, 2017

“Perfection” may be the ultimate goal, but trying to attain this can cause stress, hinder efficiency, and create unnecessary conflicts with the people around you.  Perfectionists are frequently perceived as: Critical Overwhelmed Unable to see the big picture Stressed-out and anxious Rarely able to enjoy their accomplishments A more productive goal is excellence: meeting the […]

Send Emails That Get Results – August 10, 2017

Do your emails get the attention and rapid response they deserve? Here’s how to make sure people read and answer your messages while they’re still fresh: Grab them with your subject. The subject line should read like a compelling newspaper headline. One technique is to use the subject line to tell people what you want […]

Debt Management for Small Businesses – June 28, 2017

According to a 2016 study by Experian, the average U.S. small business owner has $195,000 of debt. Some debt is a natural part of doing business. For example, a business loan, line of credit or business credit card can enable you to purchase equipment, hire employees, and finance growth. Too much debt, however, is risky […]

Charitable Gift Reminders – December 23, 2016

If you plan to deduct any of your charitable donations on your 2016 tax return, hopefully you kept good records throughout the year and any receipts (whenever possible) from charitable organizations. Below are just a few basic reminders about charitable gifts: Qualified Charitable Distribution from an IRA. The IRS permits individual IRA owners over the age […]

Business Car Use – Keep Adequate Records – November 23, 2016

If you fail to keep adequate records for business car use, the IRS can disallow deductions. You are required to keep a contemporaneous log or other similar record of your business trips. That doesn’t mean you have to record the information the moment you arrive home, but you can’t wait until months have passed either. […]

Revamp Your Finances to Save More Money – October 25, 2016

If you can figure out how to save just $125 per month, then set up an automatic savings to a mutual fund that yields an average of 7 percent, in five years you will have almost $9,000. In 20 years, that amount will have grown to $65,000! Here are four suggestions for coming up with that $125 per month: • Look […]