Tax

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Variable Annuities: 3 Reasons Your Annuity Is A Bad Deal

Variable annuities are one financial product we rarely see clients purchase on their own.  The initial purchase is almost always done at the urging of a broker who earned a commission on the sale, with promises of guaranteed returns and protection from market risk.  Unfortunately, those returns and protection may end up benefiting the insurer…

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Tips for avoiding surprise taxes on capital gains

This article was originally published on WTOP on December 8, 2016. Nobody likes a surprises in their taxes, especially when it comes to their investments. Unfortunately, many investors don’t realize some investments distribute capital gains every year. Mutual funds are required to distribute substantially all net investment income to shareholders, and that can mean receiving unexpected…

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Estimated Tax Payments Made Easy

As Benjamin Franklin famously said, “In this world nothing can be said to be certain, except death and taxes.” And if you own your own business or earn income from a partnership, those taxes can be a bit more complicated. The IRS makes you pay taxes as you earn, rather than waiting until April 15th…

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Tax Planning: The best investment to make this fall

One of the best financial investments you can make this fall is to spend a little bit of time and a little bit of money to meet with your accountant and start planning your taxes. Don’t wait until March when your CPA is slammed with number-crunching and tax preparation. She’ll have plenty of free time after…

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Cash Flow Solved With a Margin Loan: Why “Margin” Isn’t Always a Bad Word

Quarterly estimated tax payments or other large expenses can create cash flow challenges in situations where a client doesn’t have cash on hand because income distributions from their small business or employer are inconsistent.  These large cash outflows such as tax payments, home improvements, college tuition or other major expenses may not coincide with their cash flow and it’s necessary to…

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