When I retired, one of the dreads I faced was the need to pay quarterly taxes. After I retired from my medical practice and was a locum tenens doctor working through my private corporation receiving a 1099 each year, I had to file quarterly payroll taxes, even though I had no employees. I do understand … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include tips on internet safety for your kids, the top scams of 2022 and how to avoid them, the effect of maxing out your … Read more
Have you ever wondered which would be better for you; a CPA or a Tax Attorney? I know I have had that concern, especially when the IRS contacted me and demanded I pay $60,000 of additional taxes. I knew my taxes were correct, but how do I fight the IRS so they don’t inappropriately get … Read more
It’s hard to believe how many people still question whether the 4% rule will work for their retirement, as if they or anyone else can predict the future. There is very good retrospective data that shows how this rule has done over time as the market and interest rates changed over the last century and … Read more
(Just to be clear, this is not an April Fools Joke) Recently Tesla announced they had purchased $1.5 billion in bitcoin and will soon be accepting bitcoin as payment for automobile purchases. Some high income earners have speculated in bitcoin and are contemplating making their next car purchase using bitcoin. Before you make that move, … Read more
Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include refinancing at a lower rate doesn’t always save you money, how does your net worth stack … Read more
