The Need For Corporate Minutes

The Need For Corporate Minutes

The Need for Corporate Minutes By Robert R. Wolf August 29, 2021 What are Corporate Minutes? Corporate Minutes are a way of describing the notes and documentation needed to be taken from meetings that occur with corporate officers, advisors, and anyone enlisted to...
2021 Economic Outlook

2021 Economic Outlook

Executive Summary Over the course of the holidays and following weeks, we have spent a great deal of time reading forecasts for 2021 from leading economists, financial research institutions, and other experts. Coming off one of the most challenging economic years in...
The CARES Act: 10 Things You Should Know

The CARES Act: 10 Things You Should Know

The Cares Act The $2 trillion coronavirus economic stimulus bill is the single largest relief legislation in U.S. history, aimed at providing help for individuals and businesses affected by the outbreak. It was signed into law on March 27, 2020. The CARES Act is also...
Clearing Up Confusion About RMDs

Clearing Up Confusion About RMDs

RMD Last month, we posted information about how the SECURE Act has increased the age for required minimum distributions (RMDs) from 70-1/2 to 72 starting this year, 2020. If you turned age 70-1/2 in 2019, your RMDs were required for the 2019 tax year, and WILL BE...
What is a Personal CFO?

What is a Personal CFO?

In today’s article, I felt it time to write about something near and dear to me, understanding what a personal CFO is and why each family, who is serious about changing their financial future needs one. First, what is a CFO and what do they do? CFO is an acronym for...
The Secure Act

The Secure Act

Long-established retirement account rules change. The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a...
How To Build Financial Confidence.

How To Build Financial Confidence.

Having talked to thousands of people about money matters and finance, I have found that most people lack financial confidence. One may ask, why this is? The simple answer is with a question, “Where, or even when, did you learn about money or finances?”  Most answer...
Three Assets We Want Our Clients to Have

Where Do We Start – What is an Asset?

Where do we start? At the beginning. What is an Asset? So if you Google this question see below the results According to Investopedia, you can see that an asset is anything of value or a resource of value that can be converted into cash. Individuals, companies, and...
Finding a Tax Strategist

Finding a Tax Strategist

I find it funny how there are so many times that we do things but really don’t understand why we are doing them. Let me share an experience I had to help guide what I’m talking about. I did a dinner workshop for small business owners talking about finances and how to...
Expenses Based Planning

Expenses Based Planning

Today I’d like to address an area of planning that I think is extremely important, expenses based planning. As a business owner, the understanding of not only what expenses I have but what kind of expenses I have is important. Before I continue, I would like you to...