Billionaires Give Financial Advice
201806.13
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Billionaires Give Financial Advice

Before you scoff and roll your eyes, know that this article really is filled with solid financial advice, not pretentious gobbledygook aimed at making you feel bad about yourself.  Start Young For our younger readers, this matters more than almost anything – start early with your financials. Carlos Slim Helú, a Mexican businessman who was…

Divide On Punishing Banks Cutting Ties With Gun Industry
201805.25
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Divide On Punishing Banks Cutting Ties With Gun Industry

Citigroup and Bank of America are cutting ties with the gun industry because recent mass shootings and Republican lawmakers are deciding whether or not these banks should be punished. There’s a large divide (even in Texas), just in time for Dallas hosting the National Rifle Association’s annual convention. The question is whether to cancel government…

What Tax Refund Really Mean
201803.06
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What Tax Refund Really Mean

There are two kinds of people in this world. Those who use their tax refund to take a nice vacation or splurge on something extravagant, and those that catch up on debt or try to bolster their meager savings account. Tax refunds averaged just under $3,000 last year. JP Morgan’s research shows this: People don’t…

What Trump’s Tax Cuts Mean For Dallas
201803.06
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What Trump’s Tax Cuts Mean For Dallas

Love him or hate him, President Donald Trump is about to put more cash in your pocket in 2018. While about 83% of Trump’s tax cut are headed to the wealthiest 1 percent of Americans, middle-income earners should feel a little increase in their checks too – and every bit helps. A married Dallas couple…

Dallas Elite Not Immune to Poverty
201801.11
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Dallas Elite Not Immune to Poverty

This is how poverty dims the prospects for everyone in our city, rich or poor. Dallas enjoyed a long run as one of the fastest-growing, wealthiest metropolitan regions in America. Home to billionaires, five major professional sports teams, two of the nation’s 10 largest companies, etc, highly educated workers travel here for jobs and lower…

Renters Face More Troubles After Hurricane Harvey
201712.18
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Renters Face More Troubles After Hurricane Harvey

After Hurricane Harvey, a neighbor was the first to tell Paige Cane that her landlord had posted an eviction notice on the door of her flooded apartment in Port Arthur, Texas. The 26-year-old was more than 300 miles away with no car, sleeping in a Dallas shelter for evacuees escaping Harvey’s floodwaters. This mother of…

Your favorite mortgage deduction could get cut
201709.16
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Your favorite mortgage deduction could get cut

The mortgage interest tax deduction that everyone loves WAS untouchable — until now. This taxpayer favorite is back on the operating negotiating table as tax reform talks get going (There’s not a lot of time left). We’re not saying that mortgage interest tax deduction will die absolutely, but it could definitely get screwed up in…

Why Insurance Dedicated Funds are Perfect for Investors
201708.02
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Why Insurance Dedicated Funds are Perfect for Investors

by in News

Investors – let’s talk insurance dedicated funds. How it works is fairly simple – a client purchases a private-placement life-insurance policy and the insurance company invests in alternative assets like hedge funds. Any profits would normally be taxed at a capital gains rate, but because it involves an insurance company, the money can grow tax-free….

Lower Taxes for Schools Doesn’t Mean Lower Taxes for You
201707.06
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Lower Taxes for Schools Doesn’t Mean Lower Taxes for You

If there’s one thing we as Texans hate, it’s paying property taxes. Compared to many other states, our property taxes are through the roof. You’re lucky if you’re paying under $3,500 for $150,000 home – many pay more. Colorado residents would expect to pay less than half that for the same value property Many people…

The 4 Step Prep To Selling Your Business
201706.15
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The 4 Step Prep To Selling Your Business

From jumping in under-prepared to experiencing dwindling profits, there are many reasons you might decide on selling your business. Doing so can have a substantial impact on taxes, cash flow and your lifestyle. To help you potentially maximize the value of a sales deal and  keep your assets protected, you should put a strategic plan…