Last weekend, I read William Bernstein's latest investment book, Rational Expectations: Asset Allocation for Investing Adults. Unless you’re s … [Read more...] about Applying the Logic of Asset Allocation to Your Small Business
personal finance
Why Early Mortgage Repayment Makes Sense for High-income Investors
Let me start by saying that early mortgage repayment doesn't really make sense for most people. Oh, sure, I know how the math looks. Add a modest … [Read more...] about Why Early Mortgage Repayment Makes Sense for High-income Investors
A Contrary Take on Sec. 529 Plans and Qualified Tuition Programs
If you’re here, reading this page, you probably understand what a Sec. 529 plan is. This plan, a tool for accumulating money for college costs, lets y … [Read more...] about A Contrary Take on Sec. 529 Plans and Qualified Tuition Programs
Primer on the FBAR and FATCA Rules & Penalties
Our CPA firm office prepares a lot of the FinCEN 114 and 8938 forms—which are the forms you use to comply with the "Foreign Bank and Financial A … [Read more...] about Primer on the FBAR and FATCA Rules & Penalties
Weaponry You Want If You’re Audited
For whatever reason, we seem to see clients get audited in waves. Months will roll by and other than those annoying “audit letters” (which are tec … [Read more...] about Weaponry You Want If You’re Audited
The Only Times You Should use a Roth-style Account
In a couple of recent blog posts (see here and here), I've trash-talked the option of using Roth-IRA and Roth-401(k) accounts. And that … [Read more...] about The Only Times You Should use a Roth-style Account
Worst-case Scenarios for Roth-style Accounts
In my last blog post, I argued that Roth-IRAs and Roth-401(k)s don’t actually save most people money. That argument boils down to a single point: A … [Read more...] about Worst-case Scenarios for Roth-style Accounts
Are Roth-IRAs and Roth-401(k)s Really a Good Deal?
You probably know the attraction of a Roth-IRA or Roth-401(k), right? Unlike a regular retirement account, you can withdraw money from a Roth-style … [Read more...] about Are Roth-IRAs and Roth-401(k)s Really a Good Deal?
Getting a Great Tax Return Prepared for Less than $100
I had a couple of people challenge me this tax season on our pricing. One guy called on the telephone asking if we’re actually s … [Read more...] about Getting a Great Tax Return Prepared for Less than $100
Income Allocation Versus Asset Allocation: Why Income Allocation is More Important
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