http://www.isnare.com/?s=author&a=Alan+Olsen Finances Alan Olsen Sat, 08 Sep 2007 00:00:00 -0700 http://www.isnare.com/?aid=87223&ca=Finances In the year 2002, there were 17.1 million Millionaires in the U.S. By 2013, the number of millionaires will triple due to inheritance. For the rest of you, becoming a millionaire is within reach if you apply a 5 step plan involving the following areas: 1. Health 2. Spending 3. Savings 4. Investing 5... Business Alan Olsen Mon, 16 Jul 2007 00:00:00 -0700 http://www.isnare.com/?aid=87222&ca=Business Recently, I attended a Venture Capital Conference in which one of the speakers predicted we would see technology change in the next 15 years that would rival advancements similar to the past 100 years. That is a bold prediction, but as new technologies continue to emerge we are seeing some of the s... Education Alan Olsen Thu, 03 May 2007 00:00:00 -0700 http://www.isnare.com/?aid=87221&ca=Education If you are writing a college tuition check, there may be a hidden tax break that will allow you to deduct a part of your college tuition payment. In order to do this, you must utilize a 'Section 529' College Savings Plan in one of the 26 states that provide a tax deduction or credit when you deposit... Career Alan Olsen Wed, 06 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=73472&ca=Career Know the Rules Employee stock options can provide you with a substantial source of deferred income and permit you to control the recognition of taxable income. You generally pay no tax when an option is granted because you are not receiving any shares of stock, only the option to purchase shares at... Finances Alan Olsen Sun, 03 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=73470&ca=Finances 1. Forget Performance; look at fees Remember that it’s not what you make, it’s what you keep. When evaluating an investment evaluate the cost to generate an investment return. If you are using an investment manager compare the performance of the investment net of fees. Be careful when entering into... Finances Alan Olsen Sun, 03 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=73471&ca=Finances April 15th is almost here and if you are owing tax it may pay to take a second look at that return to see if you claimed all medical deductions you are entitled to. Your diligence in keeping track of expenses will pay off. IRS Publication 502 has a complete listing of all medical costs deductible. F... Finances Alan Olsen Wed, 02 Aug 2006 00:00:00 -0700 http://www.isnare.com/?aid=62515&ca=Finances More and more taxpayers are finding a hidden tax on their individual tax returns. This tax was originally designed to not allow taxpayer in the higher income brackets take advantage of tax driven policy like deducting: - A lot of itemized deductions - High local and state tax deductions - Child exem... Finances Alan Olsen Wed, 02 Aug 2006 00:00:00 -0700 http://www.isnare.com/?aid=62520&ca=Finances We are all interested in saving taxes. Through effective tax planning you can preserve more of your wealth (or wealth that passes to your heirs) through eliminating income taxes on the gain. There are four types of income that may be excluded permanently. Income Exclusion #1 – Excluding Gain Realize... Business Alan Olsen Sun, 16 Jul 2006 00:00:00 -0700 http://www.isnare.com/?aid=62512&ca=Business If you are a small business owner looking for cost cutting ideas here are ten tax planning ideas that may result in substantial tax savings. The following article highlights planning areas often missed by business owners. You should consult a qualified tax advisor to determine if any of these areas... Business Management Alan Olsen Sun, 16 Jul 2006 00:00:00 -0700 http://www.isnare.com/?aid=62513&ca=Business+Management Managing cash flow is what separates good companies from the truly successful ones. Indeed, your ability to monitor the cash flow of your business can be the vital difference between profit and loss. Here are 10 ideas to enhance cash flow: 1. Assess Your Risk Up Front When you do work without being...