Well I don’t know about anyone else but I sure have had enough of the winter season, although there is still quite a ways to go as far as the possibilities of snow. We have the whole month of March yet and can anyone remember a certain April many years ago when we had… Continue reading
You’ve got it all planned…you get the return… you go on vacation… it’s all paid for…hold on- it may not all go as planned.
David Paterson, Governor of New York, has an unprecedented proposal- to delay tax returns for residents of New York State to assist in closing the states massive shortfalls. This… Continue reading
This past Valentines Day Elizabeth and I spent some serious time on the couch, spending time together and watching Humphrey Bogart and Ingrid Bergman in Casablanca. The story is a classic: intrigue, love, corruption, and the old double cross.
This past Christmas would have been the 110th birthday of Bogie, and the movie Casablanca was a turning… Continue reading
As of Monday, 2/22/2010, there are new rules as to how your credit-card statement will look, what it will contain, rates, age restrictions, and a host of new items aimed to protect the consumer. Remember TARP? Remember Bailout? Hello, new credit card rules.
To begin, let’s look at… Continue reading
In a surprise to the markets Thursday after the close, the Fed raised the Discount Rate from .50% to .75%, a raise of one-quarter point. While this small raise may seem relatively small measure-wise, it was the first raise of the Discount Rate since August of 2007. The significance?… Continue reading
When is the last time you were on the New York subway, or utilized a component of the Metropolitan Transit Authority (MTA)? Put in place last year, employers of 12 NY counties pay a payroll tax of $.34 for each $100 of payroll to help the MTA through it’s cash… Continue reading
Ok, back on December 7 I wrote that I just could not see our Congressional leaders in Washington allowing an estate tax loophole to exist whereby for the calendar year 2010 there would be no estate tax. Sure, that was how the tax laws in existence read at the time, but… Continue reading
Welcome back from Part 1 so that I can bring up a few more points that you really need to consider before converting that traditional IRA to a Roth.
It is not advisable to have income tax that will be owed withheld from the Roth IRA conversion transaction. Reason one is… Continue reading
Like all insurance products, long term care policies can be daunting and confusing. It’s not at all a straightforward purchase: there are many variables that make up a long term care plan. When looking at a long term care plan, here are a few of the key common components:
Elimination period
Basically a time deductible. The… Continue reading | 1 Comment
So there I was Sunday night all set to watch the big game with a plate full of chicken wings, guacamole dip and chips, and having just feasted on some stromboli. Now it was time to get serious and consider the financial consequences for the stock market over the outcome of the game! Let’s… Continue reading
