Cash Flow Planning for Life - Helping you reach your personal & professional financial goals.

Cash Flow Planning for Life

Helping you reach your personal & professional financial goals.

The 2010 Tax relief Act reinstated the Estate, Gift and GST tax at a 35% tax rate and $5.12 million (for 2012) exemption.

Portability Election

This is the third installment of 2013 and Beyond Tax Planning
which can also be downloaded from our eBook library.

In addition to the increase in the exemption amount the Act also created a portability election for decedents dying after 2010. This election is made by…

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If you buy your parents’ home and rent it back to them…

…you can create a nice tax break.

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2009’s estate tax rate was 45%, and…

the 2009’s highest income tax rate was 35%, so:

If your estate was larger than the 2009 exemption amount of $3.5 million you may have been able to save 10% in estate taxes by converting to a Roth IRA.

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If you’re a 401(k) plan owner, be sure to…

…review your 401(k) plan(s), because some will allow distributions while you are still employed.

You can convert a distribution directly from a 401(k) into a Roth IRA, be sure not to overlook this option.

If you have any questions, comments or concerns about Roth IRA’s, or think I can help you in any other ways, contact me, or give me a call at (239) 384-9688.

– Mark


This information is based on facts, assumptions and representations as stated and authorities that are subject to change.  We will not update this information for subsequent legislative or administrative changes of future judicial interpretations.

LEGAL NOTICE AND DISCLAIMER:  The information within this post is for informational and educational purposes only and is not tax advice and should not be used as such.  The facts of each individual situation can have significantly different outcomes when applying tax law.  The hiring of a CPA is an important decision not to be based solely on advertisements.

No matter how many IRAs you own…

the IRS views them as one pool of assets for tax purposes.

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Roth IRA – Tax Diversification In Retirement

Posted by Mark On April 22nd

Having options is the key to making the right decision at the right time.

Creating “Roth assets” today, by conversion or yearly contributions, will provide you options in retirement.

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Tax Planning is a Year Round Activity

Posted by Mark On December 16th

I work with a number of business owners who, over the years, have learned tax planning CANNOT be done effectively in February, two months after most year-ends.

Tax Planning

This is part 2 in my 7 part series “7 Things Every Small Business Owner Needs To Know”.  You can download this entire series in my eBook on my web site –

Tax planning is a year round activity.

Questions such as:

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