Tax Preparation vs. Tax Planning

Tax Preparation vs. Tax Planning

Tax Preparation vs. Tax Planning Many people assume tax planning is the same as tax preparation, but the two are quite different. Let’s take a closer look: What is Tax Preparation? Tax preparation is the process of preparing and filing a tax return. Generally,...
Pandemic Diaries: Providing Liquidity Through Divestitures

Pandemic Diaries: Providing Liquidity Through Divestitures

[vc_row][vc_column][vc_column_text]By Michael Lovell Typically, businesses have a life cycle and transition through phases, from initial launch through maturity. The coronavirus has impacted the economy in such a manner that even industries that have traditionally...
Choosing a Retirement Destination: Tax Considerations

Choosing a Retirement Destination: Tax Considerations

Choosing a Retirement Destination: Tax Considerations With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where...
Taking Early Withdrawals From Retirement Accounts

Taking Early Withdrawals From Retirement Accounts

Taking Early Withdrawals From Retirement Accounts While taking money out of a retirement fund before age 59 1/2 is usually not recommended, in certain cases, it may be unavoidable, especially during times of economic crisis. If you need cash and have a retirement fund...