Cash Flow Tips for Small Business Owners

June 29, 2015 12:00 am

Whenever I start a meeting with a client, one of the first topics I bring up is “How is your cash flow month to month?” If a client is finding it difficult to juggle all of their financial commitments, I’ll sit with them and prepare a…

Buy or lease? A Business Owner’s Dilemma

May 15, 2015 12:00 am

This past February, I authored an article for the Rhode Island Small Business Journal entitled: Buy or lease? A Business Owner’s Dilemma.
One of my friends is a successful small business woman. She’s struggling with a big decision an…

Do-it-Yourself Retirement Planning: When to Enlist a Professional

September 19, 2014 12:00 am

My wife and I bought our first home last year. As serial renters for the last 15+ years, we vastly underestimated the amount of time and energy that go into home ownership. As many of you probably experienced when you purchased your first home, my wife…

To Roth or not to Roth…That is the Question

June 9, 2014 12:00 am

You’re in your office and your human resources manager approaches you with a form that you need to fill out for the upcoming year with respect to the amount of your salary you want deducted from your paycheck for your 401(k) contributions. The fo…

New IRS Interpretation of IRA Rollover Rules

March 27, 2014 12:00 am

The IRS has just announced that it intends to follow a recent Tax Court opinion (Bobrow v. Commissioner, T.C. Memo) regarding IRA rollovers. The changes, which won’t become effective until after January 1, 2015, could have significant tax ramific…

Where’s my 1099? {The 2014 edition}

February 19, 2014 12:00 am

Last year I wrote a blog about 1099’s and why investors should expect their 1099’s to arrive in late February. I thought now would be a good time to republish this blog, because most of the information is still accurate.

I said it last ye…

TV Interview: Retirement Planning for Generation X with Derek Amey

August 30, 2013 12:00 am

Building on his August 28th blog on generation x retirement planning, Derek Amey had the opportunity to speak with WJAR’s Frank Coletta about the differences between a Traditional IRA/401k and a ROTH IRA.

Derek Amey with Frank Coletta from WJA…

Debt vs. Deficit: What’s the difference?

May 14, 2013 12:00 am

There was news recently that the federal government paid down some of its debt for the first time since 2007. I guess you could argue this is good news: it’s better than not paying the debt down, but why it happened is equally as important. …