by frank | Jul 14, 2017 | Blog
The IRS has identified several new variations of standard tax scams involving fake tax bills and demands for payments. Many of these scams involve purchasing and transferring information using a gift card or iTunes...
by frank | Jul 11, 2017 | Blog
6 Vacation Tips for Small Business Owners
by frank | Jul 5, 2017 | Blog
People that love golf will tell you they love the challenge, being outdoors, and the relaxed pace golf offers. While golf and investing might seem like totally disparate activities, they actually share many similarities. If you can improve at one, it’s likely you can improve at the other. Consider these similarities: It takes time to become skilled. Becoming a good golfer requires a lot of effort and time. So does becoming a skilled investor. Both require expert instruction to reach your potential. Even the best golfers have a coach. You might not hire expert instruction directly for your investments, but you can purchase books and other sources of information. It’s easy to get into trouble quickly. One golf shot into the water or out of bounds can be disastrous. One poor investment might not destroy your portfolio, but it can come close if you don’t handle the mistake quickly and properly. To be successful, it’s important to control your thoughts. This doesn’t mean you shouldn’t be thoughtful and intelligent. It means that emotions can force you to make poor decisions. Nearly all investors have made at least one terrible financial decision due to emotion. Be patient. Hurried decisions are often poor decisions. Take the necessary time to make a good decision. Rushing a golf shot rarely turns out well. Jumping to conclusions about an investment leads to similar results. Sophisticated tools are not the answer. Golf technology improves by leaps and bounds every year. Courses that held professional tournaments in the past are frequently too short now to accommodate the better clubs and balls. However, the average player doesn’t...
by frank | Jul 3, 2017 | Blog
You likely know that you can take a tax deduction for having minor children in your home, but did you know that many of the same benefits apply to taking care of an adult in your home? These benefits can even apply when the adult is not your...
by frank | Jun 30, 2017 | Blog
Living in a foreign country holds a lot of appeal. It gives an exotic impression and seems like a never-ending vacation. But it doesn’t matter where you go, because the US government still expects you to file a tax return and pay taxes. This is true even if you become a citizen of the other country and live there full...
