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7 Tips for a Valid and Running Accountable Plan

7 Tips for a Valid and Running Accountable Plan

One of the many tax planning strategies we use with our clients id the use of an accountable plan. This allow the firm to provide reimbursements for employee’s business expenses without having to pay payroll taxes on the disbursements. To ensure you’re all set without...

I Help Attorneys Create Lasting Financial Wealth

I Help Attorneys Create Lasting Financial Wealth

Do you ever worry that you have made a serious financial mistake when it comes to running your legal practice? The truth is, a lot of the self-employed attorneys I talk with struggle with the business side of things. If that sounds familiar, you’re not alone and I...

Financial Counsel For Attorneys At Law

Financial Counsel For Attorneys At Law

Business has gotten more challenging for law firm owners like you over the past few years. Many law firm owners have shared with me that while they enjoy owning and operating their law practice... It can be hard to know if they’re doing the right things and making...

Take Your Law Firm’s Profits to The Next Level

Take Your Law Firm’s Profits to The Next Level

Can I tell you a story? I think you might be able to relate. I grew up in Prince George’s County, just outside of Washington DC. I didn’t have much as a kid. We struggled. I had a dream of something better, and I had to hustle and grind my way up from the bottom. I...

They’ll Only Make You Think It’s Hard to do

They’ll Only Make You Think It’s Hard to do

The COVID pandemic has changed a lot of people’s financial pictures, and with tax season knocking on the door, a lot of folks are more worried than ever before. I’m not trying to strike a somber tone, just a realistic one. Not a day goes by without a call here in the...

Why NOT To Use the Equity in Your Home

Why NOT To Use the Equity in Your Home

There has been a lot of drama this last year, and no one can say otherwise. Even with a new president, mass vaccinations, and a “united” Congress, the pandemic isn’t going away and people are hurting financially. It’s times like these that my clients inevitably ask me...

Growth in Any Market

Growth in Any Market

I get asked – usually several times a week – where there is “real” growth in any market. Now, usually, the person asking the question is looking for an alternative to an IRA, or even a 401(k), and, if I know a little of their personal finances, I can give them one of...

A New Year of Taxpayers

A New Year of Taxpayers

Every year, it seems, old clients and friends reach out as their kids or grandkids are beginning their “journey” as taxpayers. In reality, it’s the same conversation, but it’s always from the heart, and I wanted to share a few “nuggets” of wisdom here today. Think of...

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