Communication in the Work Place

Communication is the core to a productive and successful work environment.  Communicating is vital between co-workers; it prevents misunderstandings and conflict and creates a healthy ,peaceful environment. Communication gives you the tools to understand your co-workers and their needs to build a successful business.  It is also vital for client relations.  It is very important to communicate with clients, to understand their needs, and to resolve conflict.  Presenting new information and discussing with clients different options can be the difference between a satisfied client and an unhappy one. Good communication will keep everyone connected to the mission and vision of the projects for a successful future for the business. 

Are you Ready for Retirement?

When Social Security was created, it was meant to supplement a person’s other retirement savings.  Too many Americans today, however, do not have other retirement savings and do depend on Social Security as their only income in retirement.  Many of those who had retirement savings were forced to tap into those accounts during the recession in the early 2000s and have not been able to rebuild their retirement accounts.  It’s not too late; take steps now to save something for your retirement.  There are a number of options available for retirement savings.  For those whose employers offer a 401(k) or similar program at work, participation in those programs offer great tax advantages.  There are traditional Individual Retirement Accounts (IRA) that offer tax savings now or Roth IRAs which offer tax savings later.  If you own your own business there additional opportunities and programs available to you.  Depending on your income level, you may even qualify for a small tax credit called the “Savings Credit”.

Estate Planning For The Single Parent

You might be thinking why would I need an Estate Plan if I'm a single parent, aren't they just for couples?  No, they are not just for couples.  An Estate Plan can help single parents.  Since Nevada does not use the Uniform Probate Code the procedures are not considered streamlined.  Having an Estate Plan can cover your children in a way that you want them to be covered.  It can direct the actions you want to take because it is specific to your needs and wants.

Having an Estate Plan will ensure that you, as a single parent, are looking out for your children even after you are gone.  Your assets can be given out in the way that you would want them to be and your children can be taken care of the way you desire.

It's hard to think about the future, especially when you are a single parent.  Take the time to plan ahead.  Schedule a time to come in and discuss your Estate Plan.

Happy Easter!

Tax season

Federal Tax Return

Keeping your Federal tax return after being prepared can be complicated. The rule is a minimum of three years.  However if you deal in stocks and bonds or Real Estate or Business you should keep them for basis purposes. 

If you are in a dispute with the IRS you should keep your return until the audit or dispute is over.  If you are in a dispute other than with the IRS you should keep your returns as far back as needed (possibly since inception).  If you are going through a divorce I would not shred them,as often your returns are going to be used in the divorce proceedings.

Spring is here!