Monthly Archives: December 2013

Balance risk and return to create investment balance

Even if you’re not an investment expert, you’re probably familiar with the term “diversification.” It means not putting all your eggs in one basket. Diversification calls for choosing the right mix of investments to keep a balance between risk and … Continue reading

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Plan for the return of some tax break phase-outs

Are you familiar with PEP and Pease? Though they sound like a pop duo, the terms refer to tax rules known as phase-outs that can impact how much federal income tax you owe. Phase-outs are reductions in the amount of … Continue reading

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Don’t let taxes cloud your economic decisions

Some tax-cutting strategies make good financial sense. Other tax strategies are simply bad ideas, often because tax considerations are allowed to override basic economics. Here’s one example of the tax tail wagging the economic dog. Let’s say that you run … Continue reading

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Check the tax issues if you are caring for elderly parents

As the population in the U.S. continues to age, more and more people will find themselves caring for their parents. Here are some of the tax breaks that caregivers should consider. * If you provide more than half of your … Continue reading

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Time is running out for 2013 tax cutting

There’s not much time left for you to make beneficial tax moves for 2013. Consider these possibilities. * Maximize retirement plan contributions. For 2013, you can put $17,500 in a 401(k) plan, $12,000 in a SIMPLE, or $5,500 in an … Continue reading

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Stay alert for holiday fraud

Thieves and con artists thrive during the holidays. All that good cheer, all those weary and distracted shoppers, all that money being spent – it’s a fraudster’s paradise. Here are a few tips to keep the bad guys at bay, … Continue reading

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How to make employee reviews more constructive and less painful

It’s the time of year when you may be scheduling employee reviews. Usually the annual employee performance review is dreaded by both supervisor and employee. The employee knows he’ll have to hear about those mistakes from months ago, and the … Continue reading

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