Self- Employed and Looking for a Last Minute Tax Deduction? Consider a SEP.

A Simplified Employee Pension (SEP) is a retirement plan that self-employed people should take a look at.  To adopt a SEP plan an employer needs to complete IRS Form 5305-SEP.  This form is not filed with the IRS; the employer merely keeps it on file.

The Roth IRA Conversion…It's About Time

In 2010, everyone can do a Roth IRA Conversion ("Conversion").  What is a Roth Conversion?  It's when you take money out of your IRA, tax it, and convert it into a Roth IRA.

Mortgage Lending Industry Update

Guest Post by Jeff Daniels, Branch Manager, Primary Residential Mortgage, Inc.

You don’t have to be in the real estate industry to know we are in a tough market. Government is making changes to compliance in the lending industry that is slowing down the process. 

SIMPLE Retirement Plan…A Great Retirement Plan for Small Businesses

The most popular retirement plan adopted by businesses is the 401(k) plan.  However, there are other options for business owners.  For some small businesses, the SIMPLE plan makes the most sense.

The Roth 401(k) Plan…It’s Becoming a More Popular Retirement Plan

The Roth 401(k) plan is becoming a more popular retirement plan option offered by employers.  This has become the foundation for many people's retirement plan.  Unlike a traditional 401(k) plan where contributions are made pre-taxed, contributions to a Roth 401(k) plan are made after tax.