Tax season is here again, and for many of my clients, that means it’s time to reach out to your CPA – or to find one if you haven’t
The Difference Between Marginal and Average Tax Rates
You may have heard that the income tax rate on the highest earners is now 37%. Wow, does that mean if we make $500,000 we’ll pay $185,000 in federal income tax? Well, no. The
The Benefits of Benefits
“My new company gave me this big packet of benefits information. Should I sign up for the …” Health Insurance? Company 401K? Group Life Insurance? Long Term Disability Insurance? Long
Understanding Your Taxes When You’re Self-Employed
Taxes. The word alone is enough to send most self-employed individuals running for the hills. There seems to always be some form of confusion around how to pay your taxes,
The Time for Tax Planning Is Now
If you are like most Americans, you think about your taxes annually – when you visit your accountant at tax time (or load up TurboTax in early April), but basically,
Financial Planning and the New Tax Plan
Right now, you may be in the throes of gathering your tax documents for 2017 and preparing for the annual ritual of filing online or with your accountant. But it’s
Market Update: 2017 Year in Review
2017 was a strong year for the markets around the globe. Here is a brief review of performance and key themes for the year. Equities Domestic Stocks: Improving economic performance and
Five Easy Financial Resolutions
It’s a New Year, and many of us are still in goal-setting mode. While some years are more successful than others, I still love the process of setting goals and
Your Taxes and Foreign Financial Assets
By Mark A. Josephson, Esq., CPA, CFP, CFE, CGMA (Note from Sara: New York is an international city and several people have asked what they are supposed to be doing
