You may have heard of, may even yourself use, the tactic of asset allocation in your own investing. And that's great. Asset allocation largely … [Read more...] about Income Allocation Versus Asset Allocation: Why Income Allocation is More Important
personal finance
Money Mistakes of the Top One Percent
This is the final post I'll do about the IRS personal wealth statistics on the richest one percent in America. At least for a while. What I am … [Read more...] about Money Mistakes of the Top One Percent
Smart Wealth Strategies of the One Percent
The personal wealth statistics supplied by the IRS (which I’ve blogged about in other posts here like Joining the Top Five Percent or Top One Percent … [Read more...] about Smart Wealth Strategies of the One Percent
Caricaturing the One Percent
A few weeks ago, in response to all the renewed interest in Washington D.C. politics about the inequality of income and wealth in America, I cobbled … [Read more...] about Caricaturing the One Percent
S Corporations, Health Insurance and Obamacare
The Affordable Care Act (also known as Obamacare) makes a number of changes to the way that small businesses account for and treat health insurance … [Read more...] about S Corporations, Health Insurance and Obamacare
Joining the Top One Percent or Top Five Percent Club
Politicians from both the left and right have begun to discuss again the inequality of wealth and income in the United States. I … [Read more...] about Joining the Top One Percent or Top Five Percent Club
Absurdly Good Retirements: What Small Business Owners Can Learn from Public Employee Plans
I spent a recent weekend golfing in Palm Springs with my brothers. We live in different parts of the country so the weekend is less about the bad … [Read more...] about Absurdly Good Retirements: What Small Business Owners Can Learn from Public Employee Plans
S Corporations with Foreign Shareholder-employees
A client asked a couple of interesting questions a week or two ago. First, can an S corporation have shareholder-employees working outside the … [Read more...] about S Corporations with Foreign Shareholder-employees
Pension Deductions Versus Payroll Taxes
I've been hanging out at the bogleheads.org forum recently. And in a discussion about business owner salaries, another forum member asked how one … [Read more...] about Pension Deductions Versus Payroll Taxes