Month: May 2012

Archive for May 2012

Now is the Time to Convert Your Traditional IRA to a Roth IRA

2012 is an excellent time to convert your traditional IRA to a Roth IRA, given that tax rates are expected by many experts to increase in 2013. Let’s start with the basics: How does a Roth IRA compare with a traditional IRA? Distributions from a traditional IRA are required once you reach age 70 ½…

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Tough Times, Tough Decisions

Companies are downsizing, positions are being consolidated, but what does a company do with their accounting department? Accounting positions are an integral part of every organization. If a company downsizes and is still in business, they will continue to need accountants. So what is a business owner or non-profit organization to do? One common solution…

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College Saving with 529 Plans

For most parents, the rising cost of college education is always on their minds. Finding a way to help your children save for their education early is a key step in being prepared. Section 529 Plans or Qualified Tuition Plans, may be a way to do so. There are two types of Section 529 plans,…

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