Dec 5, 2019 | Investing, Personal Finance
Retirement Planning is by far one of the most important areas of financial planning and one that we allocate a good portion of our time and resources to address. We break retirement planning up into two distinct phases: 1) Accumulation Phase 2) Distribution Phase The...
Dec 5, 2019 | Business, Personal Finance, Tax
Canceled Debt – Is It Taxable or Not? If you borrow money and are legally obligated to repay a fixed or determinable amount at a future date, you have a debt. You may be personally liable for a debt or may own a property that is subject to a debt. If your debt is...
Dec 5, 2019 | Business, Business Financial Consulting, Business Health, Personal Finance
By Douglas S. Stanger, Esq. Shareholder of the Firm of Flaster/Greenberg PC and on the Panel of Trustees of the Department of Justice. While bankruptcies are generally down in most areas of the country, not here in Atlantic County. With many closed casinos and eight...
Dec 5, 2019 | Business, Personal Finance, Quickbooks, Uncategorized
Ctrl+Y- A useful tool Did you ever wonder how to easily find the way a transaction was entered into Quickbooks? Ctrl + Y is the answer. Using those keys when in an open Quickbooks screen for a vendor bill, check, or invoice, etc. will bring up a screen showing which...
Dec 5, 2019 | Investing, Personal Finance, Uncategorized
There are many core principles that each of us regularly follow throughout our lives. These principles help us navigate through the many decisions we make daily. I have 10 favorite axioms that I follow — and share with my college classes and clients — to make personal...
Dec 5, 2019 | Investing, Personal Finance, Uncategorized
Here are the final five axioms for personal finance. The first five appear here, and can be summarized as: Spend less than you make Planning precedes every activity Systematically monitor your progress Save early and as much as possible Diversify, diversify, diversify...
