Passive Activity Losses From Rental Property

In these times of high stock prices and low bond yields, investors might be thinking about rental property. Such investments can pay off in the right situation. Before you make any decisions, though, you should be aware of the tax implications, especially the passive...

Succession Planning for a Family Business

If you intend to name a family member to succeed you in running your company, you have some advantages. The person you’ll name (probably your son or daughter, son- or daughter-in-law) is someone you can identify easily, without an extensive search. You know that...

Winning Social Security’s Waiting Game

As more baby boomers move into their 60s, there is increased interest in Social Security retirement benefits. In particular, seniors must decide when to start. Currently, the full retirement age (FRA) for Social Security is 66. That age applies to people born from...

Keep Your Company After a Divorce?

Going through a divorce can be financially as well as emotionally devastating. That’s especially true for business owners. Example: Jack Barnes has built his small company into a thriving enterprise. However, the time he spent on the business has taken its toll. Now...

Holding Stocks in Retirement Accounts

The stock market goes up and, as we’ve learned, it goes down. Despite the volatility, stocks have been excellent long­term investments for many decades, and there’s no reason to think that the future will be different. Regular investing in equities,...