A 60/40 Portfolio Can Be Hazardous to Your Financial Health

A 60/40 Portfolio Can Be Hazardous to Your Financial Health

Retirement Planning A 60/40 Portfolio Can Be Hazardous to Your Financial Health For the last several decades, conventional wisdom in the financial services industry has been that a prudent way to invest money, one that will provide sufficient yield and a hedge against...
Hire Your Kids to Work In Your LLC or Sole Proprietorship and Put a Huge Chunk of Their Pay Back in Your Pocket

Hire Your Kids to Work In Your LLC or Sole Proprietorship and Put a Huge Chunk of Their Pay Back in Your Pocket

Tax Planning Hire Your Kids to Work In Your LLC or Sole Proprietorship and Put a Huge Chunk of Their Pay Back in Your Pocket Bradford Tax Institute Estimated tax tip savings. Pay your child $8,000, for example, to work in your LLC or sole proprietorship and you could...
Creating More Business Meal Tax Deductions After the TCJA

Creating More Business Meal Tax Deductions After the TCJA

Tax Planning Creating More Business Meal Tax Deductions After the TCJA Bradford Tax Institute Here’s good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated with” requirements from business meals. The net effect of...
When the Second Office In a Home is a Principal Place of Business

When the Second Office In a Home is a Principal Place of Business

Tax Planning When the Second Office In a Home is a Principal Place of Business Bradford Tax Institute When possible, you want to claim that your office in your home qualifies as a principal place of business, because this classification: gives you the home-office...
How to Deduct the Costs of Thinking about Starting a New Business

How to Deduct the Costs of Thinking about Starting a New Business

Tax Planning How to Deduct the Costs of Thinking about Starting a New Business Bradford Tax Institute Are you thinking about starting a new business? If so, congratulations. We know it can, and probably will, be an exciting ride. But like many other exciting rides...