Latest Articles

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May 8, 2018 

4 Common Retirement Mistakes And How To Avoid Them

Constructing a smart retirement income plan isn’t easy. Throughout the working years there are many factors to consider, such as salary, expenses – monthly and unforeseen – debt and college for the kids, just to name a few.

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May 8, 2018 

7 Tips When Bringing in New Partners

Retiring Baby Boomer partners feel they lack the quality bench to replace them. This explains the fact that only 20% of first generation firms make it to the 2nd – which is not expected to improve in the near future. Most partners prefer the exit ...

Cannabis Taxes Money

May 8, 2018 

The Oddest Cannabis Client I’ve Ever Talked To

The taxes on cannabis are really high in California, and for this guy to think he’s going to get out of them is a fairy tale. I don’t care what this guy’s legal team says, someone will have to get a resale license, pay the taxes, and figure a way out ...

 The Power of 529 Accounts

May 7, 2018 

The Power of 529 Accounts

The new tax law has opened so many tax planning opportunities, that it isn’t funny. We have created a situation where we can not only pay for and deduct our own health insurance, we can have Health Reimbursement Accounts (HRA), which we can put as much...

Craig Smalley

 Why I Don’t Talk to Salespeople

May 7, 2018 

Why I Don’t Talk to Salespeople

The emails always start the same. I’ve read your article in whatever publication. They say that I think differently, and want to talk to me. Like an idiot, I talk to them, and five minutes into the conversation, I am wondering why I took this call.

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May 7, 2018 

Making Sense of the Section 199A Deduction

I’ve been going through the complicated formula for calculating this deduction. First of all there is an adjusted gross income (AGI) limitation to the deduction. Not to mention the deduction is below the line. What could possibly be the reason to ...