July 2010

Want To Build a Website?

Hello, A couple of months ago I began playing with WordPress. I was going to use to do blogging but I found it could be used for much more. So I beat my head against the wall for two months trying to figure it all out, or at least enough to get a site up […]

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Tax Tips For The Military

Military Tax Tips Summer is a busy time for everyone, but particularly for military members and their families. Whether it’s moving to a new base or traveling to a duty station, members of the military have many obligations that could impact their tax situation. Here are 10 IRS tax tips military members should keep in

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New Mortgage Rules

Mortgage Loan Alert: If you are considering purchasing a home, here is some news you need to know. If you know someone who is thinking of purchasing, please forward this to them as well. Banks are continuing to tighten up on their mortgage lending standards. On June 1st, Fannie Mae put the Loan Quality Initiative

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ROTH Conversion Strategy

If you may be planning to convert some or all of your IRA’s to a Roth this year, you must choose the same tax treatment for all of your conversions. An individual converting this year (2010) can elect to to defer the tax and report half the income on your 2011 tax return, and the

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Facebook & The Elderly

Got an email from Perry Marshall (the Google Adwords marketing guru) today: (note: I’ve added my own comments in italics) Yesterday I heard from a very reliable source that Facebook has triggered a sea change in the nursing home industry. This comes from a client of one of my business mentors. The #1 reason people

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Estate Tax Update

The estate tax, that tax on the fair market value of a decedents assets, kind of “expired” in 2010. That is, if one passes away in 2010, there is no estate tax. I read that George Steinbrenner’s estate was worth something like $1.1 billion which means his estate gets a pass on $500 million to

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Home Budget Worksheet

CLICK HERE to download an Excel file for a Home Budget Worksheet. It will take you to a Box.net site. Enter email/username and password as follows: Email/Username: [email protected] Password: client When you get there, click the DOWNLOAD button and save it to your computer. Be careful not to alter cells in the Excel spreadsheet that

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