Onerous New State Tax Rules
By Anna K. Pfaehler, CFP®
February 1, 2010
Oregon shed its fierce anti-tax reputation last month by doing something rarely seen — it voted for higher taxes. Facing a budget deficit of more than $700 million, Oregonians passed two proposals that tied them with Hawaii for the highest personal income tax rate in the nation and gave them the highest capital gains tax [...]
To read the complete article, click here.
February 1, 2010
Oregon shed its fierce anti-tax reputation last month by doing something rarely seen — it voted for higher taxes. Facing a budget deficit of more than $700 million, Oregonians passed two proposals that tied them with Hawaii for the highest personal income tax rate in the nation and gave them the highest capital gains tax [...]
To read the complete article, click here.
Should You Do A Roth IRA Conversion?
By Paul Jacobs, CFP®, EA
February 1, 2010
The federal government may have given you the opportunity to save tens or even hundreds of thousands of tax dollars — if you’re willing to deal with some complexity. Will you take advantage of it? Beginning this year, all taxpayers will be allowed to convert their traditional IRAs to Roth IRAs, regardless of their income levels. [...]
To read the complete article, click here.
February 1, 2010
The federal government may have given you the opportunity to save tens or even hundreds of thousands of tax dollars — if you’re willing to deal with some complexity. Will you take advantage of it? Beginning this year, all taxpayers will be allowed to convert their traditional IRAs to Roth IRAs, regardless of their income levels. [...]
To read the complete article, click here.
Kick-Starting Life After College
By Melinda Beckmann
February 1, 2010
Last May, I said goodbye to 10-page papers, late-night cram sessions, dorm life and dining halls, trading them in for deadlines, presentations, dress slacks, a cookbook and 6:30 a.m. wake-up calls. Although I miss the freedom and fun that college offered, life after college presents exciting challenges. During senior year, most students focus on only one [...]
To read the complete article, click here.
February 1, 2010
Last May, I said goodbye to 10-page papers, late-night cram sessions, dorm life and dining halls, trading them in for deadlines, presentations, dress slacks, a cookbook and 6:30 a.m. wake-up calls. Although I miss the freedom and fun that college offered, life after college presents exciting challenges. During senior year, most students focus on only one [...]
To read the complete article, click here.
Responding To The Haitian Earthquake
By Jonathan Bergman, CFP®, EA
February 1, 2010
Celebrities are holding benefit concerts. Cell phone companies will direct contributions via text message. Anytime, anywhere, you can donate to help the relief effort in Haiti. But where should you send your money? How do you determine which organization will use your donation most effectively? The importance of choosing a charity wisely was highlighted recently by the [...]
To read the complete article, click here.
February 1, 2010
Celebrities are holding benefit concerts. Cell phone companies will direct contributions via text message. Anytime, anywhere, you can donate to help the relief effort in Haiti. But where should you send your money? How do you determine which organization will use your donation most effectively? The importance of choosing a charity wisely was highlighted recently by the [...]
To read the complete article, click here.
Duly Noted
By Larry M. Elkin, CPA, CFP®
February 1, 2010
IRS Wins, But Charity Collects. The Internal Revenue Service successfully challenged the value that a Washington state woman assigned to property she transferred to trusts for two of her children, but the Service did not succeed in collecting any additional gift tax. Anne Petter, a retired schoolteacher whose uncle was one of the first investors [...]
To read the complete article, click here.
February 1, 2010
IRS Wins, But Charity Collects. The Internal Revenue Service successfully challenged the value that a Washington state woman assigned to property she transferred to trusts for two of her children, but the Service did not succeed in collecting any additional gift tax. Anne Petter, a retired schoolteacher whose uncle was one of the first investors [...]
To read the complete article, click here.
