Broker Check

Blog

As a CPA and Financial Advisor this blog will cover a wide variety of topics ranging from personal financial planning and retirement planning to tax and accounting.  I work a lot with small business owners and as one myself we'll cover issues that have arisen in many conversations with new and established business owners.

The information that you will see is meant to be educational in nature,  Everyone's financial and tax situation is different and what may apply to you may not apply to someone else.  Accordingly, no posts should be taken as legal, official guidance for you but rather use this information as a starting point to pursue the correct action to take for your needs.

Saturday, March 9, 2024

Hawaii State Mandated Retirement Plan

Wednesday, November 22, 2023

The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels. Individual Retirement...

Saturday, November 18, 2023

How long do I need to keep copies of tax returns?

Thursday, November 9, 2023

What is my tax rate, what is my tax bracket? How much do I pay in tax?

Saturday, November 4, 2023

Retirement Plans for Business Owners, tax deductions for paying yourself.

Show All

Thursday, October 26, 2023

What is the difference between a IRA and a Roth IRA? How does an IRA reduce my taxes?

Saturday, October 21, 2023

How can I pay less tax? How can I contribute more to my retirement account?

Wednesday, October 11, 2023

What does a financial advisor do? Do I need a financial advisor?

Thursday, September 28, 2023

What is the difference between tax preparation, tax planning and financial planning?

Saturday, September 23, 2023

How much do you need to have saved for a comfortable retirement?

Thursday, September 7, 2023

What items will you take with you in an emergency? Are they packed and ready to go on a moment's notice?

Thursday, August 31, 2023

Are your heirs ready for their inheritance? Have you planned a smooth transition of this event?

Thursday, August 17, 2023

The passing of a loved one is traumatic by itself, but there are financial issues that have to be resolved by someone as well.

Saturday, August 5, 2023

5 tax savings ideas

Saturday, July 29, 2023

Can I really hire my child in my business tax free?

Friday, July 21, 2023

How much would it cost to replace you?

Wednesday, July 19, 2023

Pay less tax, grow your wealth.

Wednesday, July 12, 2023

First, what is a POA?  Is this case it means a Power of Attorney.Disclaimer, I am not an attorney, so nothing here is to be considered as legal advice, consult your own family attorney on this matter.The article in this link...

Wednesday, June 28, 2023

Many states across the nation are passing legislation to provide workers with access to employer-sponsored retirement plans. It’s a huge step forward in helping people save, and we at Avantax are proud to be one of your options...

Thursday, June 15, 2023

How much money will I need when I retire?

Thursday, June 8, 2023

Should I leave money to others after I pass?

Wednesday, May 24, 2023

What is tax planning? I consider tax planning to be a proactive approach to legally minimizing the amount of tax that you pay now and into the future.

Thursday, May 18, 2023

Will skipping your Lattes really make you a millionaire?

Wednesday, May 17, 2023

Which is better, tax savings or investment gains? Why not both?

Wednesday, May 10, 2023

Is getting a large tax refund really a good thing?

Thursday, March 30, 2023

In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement.The law is called SECURE 2.0, and it's a follow-up to...

Tuesday, March 28, 2023

Should I file an extension for my tax return?

Tuesday, March 14, 2023

What vehicle business deductions are allowed?

Saturday, March 11, 2023

Should I itemize tax deductions or not?

Thursday, March 9, 2023

When you know your tax rate, you can begin effective tax planning

Friday, February 24, 2023

How can I claim a home office deduction?

Tuesday, February 21, 2023

Why forming an LLC does not lower your tax liability

Friday, February 10, 2023

Do you have a bag with essential supplies and documents ready to go on a moment's notice in case disaster strikes?

Thursday, February 9, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Tuesday, February 7, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Monday, February 6, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Sunday, February 5, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Saturday, February 4, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Friday, February 3, 2023

How much should I be saving each year for retirement?

Thursday, February 2, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Wednesday, February 1, 2023

Understanding how your tax return comes together is key to finding opportunities to lower how much you pay in tax.

Sunday, January 29, 2023

The year has passed and tax season is approaching.  Now what, is it too late to get tax deductions for the year just ended?Maybe, maybe not.To be clear, you cannot go out and buy a lot of office supplies and claim it as last year...

Friday, January 27, 2023

I get this question a lot.   Like many questions the first answer is - it depends.Big questions like will your mortgage be paid off, do you plan to take lots of expensive trips and eat in the finest restaurants, will you be...

Wednesday, January 18, 2023

Get ready for the next tax season!

Friday, December 23, 2022

In your personal financial life are you making a profit or losing money?

Saturday, December 10, 2022

How much money should you have for emergency reserves?

Thursday, December 8, 2022

Will the future you thank the present you for the financial decisions you are making right now?

Thursday, November 24, 2022

When was the last time you calculated your Net Worth?

Saturday, October 8, 2022

Your company’s 401k plan is likely the primary tool used by you and your employees to save for retirement.  Run, properly, the plan can also help you tax-efficiently build wealth outside of your business for your retirement...

Sunday, August 28, 2022

For those who enjoy watching spy and adventure movies you probably know what a Go Bag is, it’s a bag filled with items that are already packed and ready to go on a moments notice.  In the movies that might be a bag...

Sunday, August 7, 2022

Taxes are one of your largest lifetime expenses. Doesn't it make sense you should work with someone who can help reduce that tax burden?

Saturday, July 16, 2022

Many people believe that when they retire they may pay less in taxes than they do now and don't plan for that.For some that may be true, for others not so much.Let's assume that you plan for having $1 million in retirement savings at...

Friday, January 7, 2022

YOUR 4% WITHDRAWAL STRATEGY MAY NOT BE ENOUGH Get the Tax Guidance You Need to Help Live the Retirement You Desire There’s a lot of concern among industry experts about whether the popular 4% withdrawal rule can provide enough income...

Tuesday, July 20, 2021

Most people look forward to retirement in the future. Not all are prepared for it though. Here is a basic checklist of some things to consider years before your planned retirement. https://www.vwshi...

Tuesday, July 13, 2021

With June officially behind us, it’s time to face the facts: we’re headed toward the second half of 2021. While there’s still plenty of time to enjoy the rest of summer, we encourage you to slow down and check up on...