Free Advice Is Worth Exactly That

By J.K. Roberts, CFP, CRPC | June 13, 2018 | Comments Off on Free Advice Is Worth Exactly That

Recently, the online Q&A website Quora forwarded me this question – Should I hire a Financial Advisor? What are the pros and cons? How much do they cost? That’s a common question I hear from many folks. It can be hard for some to justify…

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Business or Hobby?

By J.K. Roberts, CFP, CRPC | May 16, 2018 | Comments Off on Business or Hobby?

Creating a sound tax strategy is one of the more important parts of a financial plan. This is especially true for business owners. Every dollar saved on taxes is one that could be put back into the business. Starting a business is difficult. I know……

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Q1 Market Commentary

By J.K. Roberts, CFP, CRPC | March 28, 2018 | Comments Off on Q1 Market Commentary

The first quarter of 2018 is coming to an end and the market news is mixed. The Dow Jones and S&P 500 stock indices have basically been flat for the quarter. The market run that extended though all of 2017 seems to have peaked near…

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Retirement Distribution Tax Planning

By J.K. Roberts, CFP, CRPC | March 19, 2018 | Comments Off on Retirement Distribution Tax Planning

“Please consult your tax advisor.” This is the standard disclaimer brokerage firms give whenever a client requests a withdrawal from their retirement account. It’s there way of washing their hands of the situation. Brokerage firms focus on investments, not taxes. Brokerage firms often have thousands…

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New Roth IRA Recharacterization Rule

By J.K. Roberts, CFP, CRPC | January 30, 2018 | Comments Off on New Roth IRA Recharacterization Rule

A major change to the tax rules starting in 2018 could leave many paying high taxes on investments that they have lost money on. The new tax law prevents recharacterizations of Roth IRA conversions made starting this year. Going forward, you’re stuck with the tax…

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