by Karla Dennis | Aug 30, 2015 | Blog
Right Click to “Save As” or Drag and Drop To Your Desktop. Enjoy! alent Wins Games, But Teamwork And Intelligence Wins Championships. Michael...
by Karla Dennis | Aug 30, 2015 | Blog
Your life is largely a reflection of your habits. It only stands to reason that if you improve your money habits, your financial situation will improve as well. nce you are in the habit of making good money decisions and you start to see the fruits of your labor, the money habit you have just created will want to reinforce itself. As an example, if I get into the money habit of saving $100 a week, and after 52 weeks I’ve accumulated $5,200 for that year, that new money habit I created more than a year ago yields the necessary evidence I need to continue moving forward. Follow the strategy below to enjoy the rewards of more positive money habits in 30...
by Karla Dennis | Aug 24, 2015 | Blog
Money and money habits make the financial world go around. Juѕt аѕ thеrе аrе money habits thаt wіll mаkе уоu rich, thеrе аrе money habits thаt wіll mаkе уоu poor. Money habits aren’t аlwауѕ easy tо break, but whеn уоu ѕее thе damage caused bу thеѕе common practices, you’ll bе motivated tо gеt thеm оut оf уоur life! Hеrе аrе ѕеvеn common money habits thаt саn prevent positive progress: 1. Nоt hаvіng а budget. Evеrуоnе nееdѕ а budget, еvеn іf they’re making а million dollars а year. Spending money іѕ easy, nо matter hоw muсh уоu have. If уоu don’t set ѕоmе parameters, thіngѕ саn gеt оut оf control іn а hurry. read...
by Karla Dennis | Aug 18, 2015 | Blog
I was reading an article in Forbes this week called, “Tax Collections Hit Record Highs With No Dip In Spending“and wanted to share with you why this article shows how important strategic tax planning protects and covers your assets. To simplify, the Federal Government tracks annually how much they’ve collected in tax revenues year-to-date so they can report out as part of the government reporting the General Accounting Office. Tax revenues are up from 2014 compared to 2015, but it really doesn’t surprise me that tax revenues are up. It really shows a trend towards what’s happening in our government, what’s happening with tax collection and our taxes in general. It’s important to know that if tax revenues are up, then something has transpired which is causing those spikes in those numbers. read...
by Karla Dennis | Aug 11, 2015 | Blog
According to a recent Bloomberg politics article, Donald Trump says ‘I Want to Put H&R Block Out of Business’ via MSNBC. I find that a very interesting comment that Donald Trump made, and I think he made that comment in relation to the complexity of a the tax code. I have to agree: today’s current tax code is very, very complex and needs simplification. As an example, in order to effectively handle strategic tax planning in my practice, I’ve had to: (1) master tax law, (2) master the internal revenue manual; (3) master tax accounting; and (4) master tax preparation. I’ve been in business more than 20 years and it has taken me an extremely long time to get to the level of education that I have in order to help out individuals, investors and business owners via effective strategic tax planning. Really: the tax game is very, very complex. Unless you navigate the tax maze with someone, like me; who knows the tax code; who has all 4 corners of strategic tax planning covered; and can help you navigate those 80,000+ pages of the tax code, you’re going to be overtaxed. That’s just how it works. read...