Errors to Avoid at Tax Time
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Lindsay Price posted a blog postRetirement Plan Solutions for the Small Business Owner
RETIREMENT PLAN SOLUTIONS FOR THE SMALL BUSINESS OWNERThe SEP, the SIMPLE IRA, and more.provided by Arnold M. SocolWhat options do hands-on owner-operators have? If you have a small company and want a retirement program, you want to consider these plan choices.The SIMPLE IRA. These plans are very easy to create, and they have very low administrative costs and no annual IRS reporting requirements. You set up traditional IRAs for each eligible employee; they can contribute to the IRA on a…See More
Lindsay Price posted a blog postYear-End Financial Moves to Think About
YEAR-END FINANCIAL MOVES TO THINK ABOUTBefore 2009 ends, some things you might want to consider.provided by Arnold M. SocolFall is the time to consider some year-end financial moves – little and not-so-little things you might do to plan to improve your financial position.You could put more in your 401(k) before they play “Auld Lang Syne”. As you only get one chance to save for retirement and an annual deadline to make retirement plan contributions, you could increase your final retirement plan…See More
Lindsay Price posted a blog post2009 Tax Breaks!
DON’T FORGET THESE 2009 TAX BREAKS!Plan to exploit them before they expire.provided by Arnold M. SocolThe year goes by, you get busy … and tax-saving opportunities slip away. So as a reminder, this article is here to reacquaint you with some of the notable federal tax breaks offered this year.The first-time homebuyer credit. This is the up-to-$8,000 credit available in 2009 to anyone who hasn’t owned a home during the previous three years. (It is subject to phase-outs at certain income levels.)…See More
Lindsay Price posted a blog postDollar Cost Averaging in a Down Market
*DOLLAR COST AVERAGING IN A DOWN MARKETThis investment technique may help you take advantage of the downturn.Provided by Arnold M. SocolThe central idea: buy low, and sell high. It’s the oldest stock market adage, and in the wake of the recent selloff, dollar cost averaging may give you a method to capture lower prices today and come out ahead tomorrow.How it works. Dollar cost averaging is a long-term investment strategy. It means investing in small increments. Through scheduled investments of…See More
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Arnie Socol from the Times Herald Record "Local Brokers Renewed Interest" Article 10/15/2009.
Lindsay Price posted a blog postTimes Herald Record Article
Local brokers expect renewed interestBy George SpohrTimes Herald-RecordOctober 15, 2009 2:00 AMKaren Stewart knew it was going to be a good day when a client called to say he could breathe again.Stewart is a financial planner in Scotchtown. And the call, hours before the Dow Jones industrial average broke the 10,000 mark, was a welcome change of pace."Psychologically, I think it moves people in a more positive direction," said Stewart, partner in Stewart & Associates. "There's a feeling of…See More
Lindsay Price posted a blog postBreaking Bad Money Habits
BREAKING BAD MONEY HABITSChanging your behavior may help you improve your financial picture.Provided by Arnold M. SocolMany of us plan thoughtfully for all kinds of life goals. Yet many of us spend impulsively, using our money on the moment rather than saving or investing it for the future.This last recession caused us to take a second look at where our dollars go. If you seem to be making adequate money and yet dollars still appear to be slipping away from you, maybe it is time to break some…See More
Lindsay Price posted a blog postCommon Financial Mistakes
COMMON FINANCIAL MISTAKESA few things you can’t afford to do.Provided by Arnold M. SocolAre you making mistakes with your money? Many people do, because of inattention, a lack of knowledge or confidence, or relying of the advice of friends rather than professionals. Here are some all-too-common money errors to avoid …Putting off financial planning. This may be the biggest mistake of all. Procrastination does not help you save for retirement, and it will not help you reduce your taxes or…See More
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- Your business type:
- Financial Services, Bookkeeping
- Types of products or services offered:
- Bookkeeping, Payroll, Tax services. As well as financial management and investments.
- About Me:
- I am the executive assistant at Ways & Means.
- Company name
- Ways & Means, Inc.
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Errors to Avoid at Tax Time
Posted on March 26, 2010 at 2:56pm 0 Comments 0 Likes
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Financial New Year's Resolutions
Posted on January 7, 2010 at 2:30pm 0 Comments 0 Likes
SOME FINANCIAL NEW YEAR’S RESOLUTIONS
Things you might want to consider doing in 2010.
Provided by Arnold M. Socol
Okay. It’s that time of year - the time for new year’s resolutions. They can include financial resolutions. Here are some possibilities for 2010.
Control non-mortgage debt. Experian says the average American carries about $17,000 in debt unrelated to home loans. Too much of this is simply credit card debt. So how about paying down, paying off and… Continue
Things you might want to consider doing in 2010.
Provided by Arnold M. Socol
Okay. It’s that time of year - the time for new year’s resolutions. They can include financial resolutions. Here are some possibilities for 2010.
Control non-mortgage debt. Experian says the average American carries about $17,000 in debt unrelated to home loans. Too much of this is simply credit card debt. So how about paying down, paying off and… Continue
Retirement Plan Solutions for the Small Business Owner
Posted on December 21, 2009 at 2:50pm 0 Comments 0 Likes
RETIREMENT PLAN SOLUTIONS FOR THE SMALL BUSINESS OWNER
The SEP, the SIMPLE IRA, and more.
provided by Arnold M. Socol
What options do hands-on owner-operators have? If you have a small company and want a retirement program, you want to consider these plan choices.
The SIMPLE IRA. These plans are very easy to create, and they have very low administrative costs and no annual IRS reporting requirements. You set up traditional IRAs for each eligible employee; they… Continue
The SEP, the SIMPLE IRA, and more.
provided by Arnold M. Socol
What options do hands-on owner-operators have? If you have a small company and want a retirement program, you want to consider these plan choices.
The SIMPLE IRA. These plans are very easy to create, and they have very low administrative costs and no annual IRS reporting requirements. You set up traditional IRAs for each eligible employee; they… Continue
Year-End Financial Moves to Think About
Posted on December 11, 2009 at 9:29am 0 Comments 0 Likes
YEAR-END FINANCIAL MOVES TO THINK ABOUT
Before 2009 ends, some things you might want to consider.
provided by Arnold M. Socol
Fall is the time to consider some year-end financial moves – little and not-so-little things you might do to plan to improve your financial position.
You could put more in your 401(k) before they play “Auld Lang Syne”. As you only get one chance to save for retirement and an annual deadline to make retirement plan contributions, you could… Continue
Before 2009 ends, some things you might want to consider.
provided by Arnold M. Socol
Fall is the time to consider some year-end financial moves – little and not-so-little things you might do to plan to improve your financial position.
You could put more in your 401(k) before they play “Auld Lang Syne”. As you only get one chance to save for retirement and an annual deadline to make retirement plan contributions, you could… Continue
25 Things You Need to Know About the 2009 Tax Laws
Posted on November 23, 2009 at 3:05pm 0 Comments 0 Likes
25 Things You Need to Know
About the 2009 Tax Laws
Provided by Arnold M. Socol
We are only one year away from perhaps the most interesting, most experimental year in the history of the tax code: 2010. But before we get there, we have a host of little adjustments in tax law for 2009. Let’s take a look at the notable changes. While we’re at it, we will also include a couple of tax provisions enacted during 2008 that are still applicable in 2009. (For those… Continue
About the 2009 Tax Laws
Provided by Arnold M. Socol
We are only one year away from perhaps the most interesting, most experimental year in the history of the tax code: 2010. But before we get there, we have a host of little adjustments in tax law for 2009. Let’s take a look at the notable changes. While we’re at it, we will also include a couple of tax provisions enacted during 2008 that are still applicable in 2009. (For those… Continue
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