High Net-Worth Individuals

SKWealth Shares a Survival Guide for Managing Investments

Last week SKWealth's Director of Investments, Matthew Neyland, CFA, CAIA, was featured in the Providence Business News issue dated 2/18-2/24. Matt's article was titled "A Survival Guide for Managing Investments"; which highlights very timely and relevant information. If you didn't have the opportunity to read Matt's article, [click...

Self-Diagnosing Your Financial Health

Physician's Money Digest has posted an article written by John Teixeira, CPA, CHBC Directed at physicians and their practice groups, this information actually works for most. John offers some quick tips on how you can personally review your finances to determine your financial well-being, beginning with review of your past...

Charitable Contributions: Be Sure You Obtain a Written Receipt

Charities receiving contributions of $250.00 or more are required to provide the donor with a contemporaneous written acknowledgment from the receiving organization, which must include: The amount of cash and a description (but not necessarily the value) of any property other than cash contributed; Whether the receiving organization provides any...

ALERT for FLORIDA Domiciliaries:

You Have the Ability to Claim a Casualty Loss if Damage From Hurricane Isaac was Sustained. The Federal Emergency Management Agency (FEMA) has announced that areas in the following state are eligible for assistance from the federal government under the Disaster Relief and Emergency Assistance Act (42 USC 5121). Florida...

It’s a Chance for a Roth IRA Re-do

Roth IRA conversions have been appealing to traditional IRA holders for a number of reasons, such as tax-free withdrawals, tax-free growth, no required minimum distribution at the age 70-1/2, etc. However, if you were one of many who converted from a traditional IRA into a Roth IRA between 2011 and...

Estate & Gift Taxes: Narrow Planning Window Exists in 2012

Estate & Gift Taxes: Narrow Planning Window Exists in 2012 When it comes to estate and gift tax planning, uncertainty has plagued business owners and high-net-worth individuals arguably since 2001. This is when the Economic Growth and Tax Relief Reconciliation Act (commonly referred to as the Bush tax cuts) temporarily...