Alloy Silverstein - Resource - Online Advisor Archive

Archive 1998

December

Business or hobby? What a tax difference a word makes
The IRS requires you to pay tax on all income that you earn.

Financial planning for married couples doesn't have to be a hassle
If you and your spouse are like most married couples, you probably have two main financial goals: (1) living comfortably today and (2) working towards financial independence.

November

Beware of the tax traps in the new Roth IRA
A Roth IRA can be an attractive way to save for retirement.

September

Key financial documents everyone should have
A will isn't the only document you need in case of an unforeseen tragedy.

Shareholder loans carry tax risks
As a shareholder in a closely-held corporation, you may occasionally look to your company for needed cash.

August

You could get hit with a big tax surprise - the alternative minimum tax
Over the next several years, thousands of middle-income taxpayers will find themselves subject to the alternative minimum tax (AMT).

New Business: IRS to require 4-digit years
If you are required to file any information returns (such as forms in the 1099 series), get ready now to comply with a new IRS requirement.

July

Lifetime gifts can cut your estate taxes.
If you expect to have a taxable estate, you might consider the benefits of an annual gift-giving program.<

New Business: Payroll deposit limit increases
A third of the nation's businesses will get a break on employment tax deposits.

June

How to Teach Your Children About Money and Financial Matters
Sometimes we learn best by making mistakes, then vowing not to make the same ones again.

What's New in Financial Planning: The Estate Tax Rules Have Changed
The Taxpayer Relief Act of 1997 may fall short of its title, but it does provide two important changes in the area of estate and gift taxes.<