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Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return. Because the Tax Cuts and Jobs Act (TCJA), which was signed into law at the end of 2017, likely will have a major impact on [...]

The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it’s generally too late to take action to reduce 2018 taxes. Business owners may, therefore, want to shift their focus to assessing whether they’ll likely owe taxes or get a refund when they file their returns [...]

Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks (especially if you own a pass-through entity). But you also must look out for your own financial future. For example, you need to develop an exit strategy so that taxes [...]

When Robert Kiyosaki was young, his poor dad always told him that he needed to go to school so that he could get a good job.  To his poor dad, getting a good job was the most important thing in life.  His poor dad worked very hard . . . and he was always worried [...]

As posted on The Infographics Show YouTube Channel on 12/25/18 "Oil is the lifeblood of our civilization.  It powers every single aspect of our modern lives.  But what happens if the tap were turned off permanently?" The Infographics Show: Facts are fun, but most are presented in a boring and badly edited videos. The Infographics [...]

As  posted on Peak Prosperity.com and the Chris Martenson's Peak Prosperity YouTube Channel In his 12/29/18 Weekly News Update, Chris Martenson discusses the volatility of markets and the role Central Banks have played in creating massive financial bubbles throughout the world. Chris Martenson, is a former American biochemical scientist and Vice President of Science Applications International Corporation.  [...]

With the dawn of 2019 on Tuesday, here’s a quick list of tax and financial to-dos you should address before 2018 ends: Check your FSA balance If you have a Flexible Spending Account (FSA) for health care expenses, you need to incur qualifying expenses by December 31 to use up these funds or you’ll potentially [...]

Do you have investments outside of tax-advantaged retirement plans? If so, you might still have time to shrink your 2018 tax bill by selling some investments • you just need to carefully select which investments you sell. Try balancing gains and losses If you’ve sold investments at a gain this year, consider selling some losing [...]

Tax planning is a year-round activity, but there are still some year-end strategies you can use to lower your 2018 tax bill. Here are six last-minute tax moves business owners should consider: Postpone invoices. If your business uses the cash method of accounting, and it would benefit from deferring income to next year, wait until [...]

As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the spirit of the season and as a year-end tax planning strategy. But with the tax law changes that go into effect in 2018 and the many rules that apply to the charitable deduction, it’s a [...]

With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.  The "Millennial Money" series of videos seeks to provide young people with some important economic concepts that they didn't learn in [...]

As posted on The Infographics Show YouTube Channel on 12/14/18 How do petrodollars affect the United States Dollar and the world economy? What would happen if oil were no longer exchanged in dollars? The Infographics Show: Facts are fun, but most are presented in a boring and badly edited videos. The Infographics Show focuses on [...]