As financial planners we are seeing more and more individuals, especially in the software development and technology space, hired by companies as “1099 employees”. “1099 employees” is an ironic statement because if a company is paying you via a 1099 technically you...
Spousal IRA’s are one of the top tax tricks used by financial planners to help married couples reduce their tax bill. Here is how it works: In most cases you need “earned income” to be eligible to make a contribution to an Individual Retirement Account (“IRA”). The...
This is one of the most common questions asked by our clients when they are looking for a new car. The answer depends on a number of factors: How long do you typically keep your cars? How many miles do you typically drive each year? What do you want your down...
On April 9th New York State became the first state to adopt a free tuition program for public schools. The program was named the “Excelsior Scholarship” and it will take effect the 2017 – 2018 school year. It has left people with a lot of unanswered questions Do I...
