Category: Finance

Local Miami Charities get a major donation from David Jaffee: Who is David Jaffee? A former Investment Banker, stock trading and financial employment author, public speaker and founder of BestStockStrategy.com, David Jaffee is one of today’s success stories.

The stock market has experienced unprecedented levels of volatility recently. While the market plunged ~36% in just 33 days, the speed and magnitude of the decline was historical – with daily volatility more than 10x higher in the 2020 sell off than in 2008. A very good stock market coach is very important if you want to navigate safely through periods of high volatility. With other 1,000 students, many people consider https://beststockstrategy.com/ and David Jaffee the best options trading coach available.

Many students were coached by David Jaffee, with excellent results. Mr. Jaffeee helps his students be consistently profitable and improve their lives by learning how to sell options and collect option premium.

Here is what one of his students said : “David was awesome. Very intelligent and diligent. I learned a lot about investing from him. Love his strategy and investment philosophy. I am using it every day. Smart guy. Highly recommended. 5 stars overall.”

We don’t live in a perfect world, and there’s never going to be a perfect time – but there are always people out there in need of help. Whether interest rates are rising, the economy is in a recession, or even if you’re experiencing financial difficulties of your own, the reality is that when you donate your money, you help others who need it.

This year David Jaffee has donated $100,000 to local Miami charities. With a reported net worth of over $60 million, Jaffee is known to donate to numerous charitable causes.

When contacted to discuss his philanthropic endeavors, Mr. Jaffee said, “I’ve been very fortunate in life and want to pay it forward.”

With an unemployment rate that could hit 32% (with close to 50 million unemployed), David Jaffee has donated money to a variety of local charities that will help provide food, shelter and safety equipment to those in need.

When you donate money to charity, you generate opportunities to meet new people and provide opportunities that weren’t originally there. By making a real impact, you infuse your everyday life with more meaning. Sometimes the simple act of donating time or money can change the course of someone’s life.

David Jaffee is trying to help the ones in need, so why not follow his example?

Tax preparation top companies in Houston, Texas? If you don’t have a tax preparer yet, a good way to find one is to ask friends and advisors (such as an attorney you know) for referrals. Be sure that the person you choose has a Preparer Tax Identification Number (PTIN) showing that they are authorized to prepare federal income tax returns. You should also inquire about fees, which are likely to depend on the complexity of your return. Avoid using a firm that intends to take a percentage of your refund. The IRS website has tips for choosing a preparer and a link to the IRS directory of preparers, which you can search according to their credentials and location.

The more money you make, the more complicated your taxes are going to be. So, if you have a higher income than most people, it’s important to work with a skilled accountant to figure out how to reduce the amount of income taxes you pay. In addition to taking your standard deduction and other deductions, there are many things you can do to lower the amount you pay. Let’s start with an overview of tax rules for high income earners. For the sake of this post, we’ll consider anybody in the top three tax brackets as a high income earner. That means that if you earn more than $163,301 in gross income as a single earner and $326,601 if you’re married filing jointly, you are a high income earner.

The QBI deduction has some other restrictions and limitations, so check with your tax preparer about your eligibility. Setting up and funding a retirement plan for yourself and/or your employees can save you money on taxes. Make sure it’s a qualified plan so you can take advantage of those tax savings. It must be one that’s recognized by the IRS to allow deferment of taxes on earnings until the earnings are withdrawn. They include IRAs and defined contribution plans such as a 401(k) or 403(b). Many options are available depending on your business, your goals, and your needs. Consider talking with a financial professional to figure out which is best for you. Discover more details on https://greentree.tax/best-bookkeeping-service-in-houston-texas/.

Sec. 1031 Exchange Rules. The only way you can avoid current tax when you sell investment property is through a “1031 exchange”, where you involve a third party, called an accommodator, to hold the money and buy a new property for you. But there are some rules you have to comply with: You can’t touch the money. You have to identify the new like-kind real property within 45 days after property being given up is transferred and close within 180 days. The new property has to cost at least as much as the old one. You can’t be relieved of debt (so you can’t use the proceeds from the sale to buy a new property for all cash if the old property had debt tied to it). You will pay hefty fees to the accommodator to handle all this for you.

Tax office tips plus providers? Even if you hire someone else to prepare your tax return, you’ll need to do some of the advance work yourself—and the earlier you start, the better. Round up your receipts and check that you’ve received all the forms you need from employers and financial institutions. Last year’s tax return can be a good guide for making sure you aren’t missing any important information. For 2020, the deadline for filing taxes and making deductible contributions to an IRA or health savings account has been moved to July 15.

Consider investing in index mutual funds and exchange-traded funds. These funds are not actively managed and as a result, can be more tax-efficient than managed funds. These investments are a good way to diversify the taxation of your income after retirement. If you qualify for a Health Savings Account, you have the option of investing them instead of spending them on medical expenses. Contributions are tax-free and earnings grow tax-free, and — if you use future distributions to pay for qualified medical expenses — distributions are tax-free as well. The overall benefit of changing the character of your income is that it can reduce your MAGI for each tax year and allow you to take advantage of a lower tax bracket in some cases.

The Tax Cuts and Jobs Act (TCJA) created the Qualified Business Income (QBI) deduction when the law went into effect in 2018. You might be able to deduct 20% from your qualifying business income if your business is a pass-through entity—a sole proprietorship, an S corporation, or a partnership, passing its income and deductions down to its shareholders, partners, or owners to report on their personal returns. This deduction is in addition to claiming your ordinary business expense deductions. You should qualify if your taxable income is below $157,500, or $315,000 if you’re married and filing a joint return. Special rules apply if you earn more than these amounts, so you might still qualify depending on the nature of your business. See more information at https://greentree.tax/tax-preparation-service-in-houston/.

When you offer a 401(k) or other qualified retirement plan, employer contributions and some administrative fees are tax-deductible if they meet certain criteria. And qualified employers can receive a $500 per year tax credit for the first three years of the plan. Plus, as an employee of your practice, you will be able to take advantage of tax-deferred savings with your company 401(k) as well. To make sure the plan seamlessly integrates with your current back-office systems and payroll deductions, contact your payroll services provider to see what retirement savings plans they offer.

Obediah Ayton or the growth of a financial entrepreneur? Obediah Ayton is a trust manager at Ayton Family Office Trust and a consultant at Tennor Holding B.V., a specialist in family office business, AI driven accounting services, finance and accounting. Obediah Ayton about what happens when a Family Office takes the VC model: In addition, Family Offices want to avoid paying the typical “2 and 20” — a deal structure that requires investors to pay a 2 percent annual fee (some as high as 3 percent) to the VC firm on top of the 20 percent return on investment. This is why we’re seeing more of the mega-wealthy move away from only investing in private equity funds to increasingly working with their family offices to find the right types of direct investments that fit their long-term wealth-generation strategies.

Alongside this monumental shift in wealth, we are witnessing a modernisation of family offices here in the UAE. Family offices are not only selecting business models that allow for more control and greater returns but are also expressing a heightened interest in “impact investing”. Typically, this means investing in small or medium-sized organisations that are purpose-led and have a focus on sustainable or ethical business practices. As the number of UAE family offices and the pool of wealth amassed by them increases and is passed on to a new generation, the way they conduct themselves is evolving rapidly, investing in innovative, creative and socially conscious ways. SMEs should take note of this enthusiasm and use it to their advantage.

Obediah Ayton about how to raise money from family offices: Biggest advice: – To let the Family Office understand that you’re interests are aligned with theirs. That you’re in this for the long term, not just a few transactions. Even if they’re great deals. Intelligence is a commodity. Integrity is not. To do: Listen. Add value at all times. Ask about their goals and objectives. Be authentic. Ask about what they are currently looking for. Do what you say you’re going to do. “Trusting is hard. Knowing whom to trust, even harder.”

Obediah Ayton Family Trust organizes golf networking events. Ayton Family Golf Networking is an opportunity for keen golfers and high level business men and women to connect over organised round tables and a round of golf. You have a chance to deeply get to know one another as a 4 hour round of golf is better than a 30 minute meeting in an office. What are you waiting for? Contact us if you have any questions.. Why participate? The Ayton Family brings together the world’s leading experts geared toward identifying actionable strategies for generating returns in a low-rate, high volatility market. Facilitated by the Ayton family office, the golf day will provide a full day of private peer-to-peer conversation, networking and cross-border thought leadership designed to make you think about what to look out for and how to work together. Playing golf: Our attendees are business owners with one common goal; building new business opportunities and playing more golf. Members range from entrepreneurs to multinational billion dollar businesses.

Obediah Ayton about the new definition of a billionaire is not the net worth but in achieving change in a billion lives: We have seen family offices become much more engaged in discussions about sustainable and impact investing over the last 12 months. This is no longer seen as a ‘side project’ or preoccupation of the Next Gen, but a priority for the family as a whole. Many products are now recognised by family offices as fully-fledged investment tools that can generate good returns. New technologies such as artificial intelligence, machine learning, cryptocurrency, blockchain and even gaming have made their way onto the family office radar and into their budgets.

Right now is a great time to build close relationships with Family Offices for future capital raises! The Light at the End of the Tunnel: Ultimately, the extra effort required to build relationships with family offices is more than warranted. Family offices bring much more than investable capital to the table — a stable relationship with one can offer the power of a warm introduction and a broader network. Many of these family offices are connected with ultra-wealthy family offices and leaders in a variety of businesses. Read extra details at Obediah Ayton.

Payday loans guides for quick funds? Some online lenders, such as Oportun and OppLoans, offer emergency loans and are positioned as low-cost alternatives to payday loans. However, their rates are still high, and you should consider these lenders only after you’ve ruled out other lower-cost options. Capital Good Fund is another no-credit-check lender that offers lower rates, but is available in only a handful of states. Cheaper alternatives to borrowing are not always fast or convenient, and sometimes they require asking for help. But NerdWallet strongly recommends exhausting alternatives first, even in an emergency. Here are some possible alternatives to an emergency loan.

HUD is the commonly used abbreviation for the Department of Housing and Urban Development operating in the US. It helps people who need assistance in buying a home that is not only reasonably priced but also is in a good state. HUD inspectors carry out close inspection of the properties which is different from an inspection carried out by privately-owned inspection companies. Many homeowners prefer to buy bargain-priced houses available through the HUD Home store program. But as a precautionary measure, it is always advisable to get a HUD inspection for the home completed before the purchase process winds up.

How to get out of payday loans fast – Many of us are trapped in the vicious payday loan debt cycle. For the many who are, we can offer some tips on how to escape payday loan debt fast. For every $300 you borrow on a payday loan, it is estimated you will pay $50 every 2 weeks in the interest charges. Read on to find out 8 ways on how to escape payday loan debt fast. When we need payday loan debt relief, we can sometimes become overwhelmed. The reason it is so easy to become overwhelmed is that we do not know how we are going to come up with the money to pay off the payday loan debt in full. Let us take our example of $300 again, we might be stressing over coming up with the $300 and the interest rate by our next payday. Discover additional details on easy payday loans online.

After narrowing the search to 2 or 3 homes, your agent will do whatever research is necessary to aid you in making your decision. Ultimately, however, it is your decision. Some tools that can help you make that final decision include school reports (if you have or are planning on having children), statistical information from the local chamber of commerce, future zoning or road expansion from local planning offices, etc. Whatever the factors of importance are to you, have your agent help locate that information. Once you have selected a single home to focus on, your agent will conduct a comparative market analysis on that property. This involves determining “fair market value” by looking at what other buyers were willing to pay for properties similar to yours in the same neighborhood or area.

So what are the tricks you can use to be able to increase the size of the mortgage you can afford? Those solutions revolve around how people calculate the maximum mortgage they can afford. They use industry guidelines that cap how much of their gross monthly income they can safely spend on housing and how much on all debt. One common guideline is known as the 28/36 rule. That’s a shorthand way of saying that a household should not spend more than 28% of its gross monthly income on housing expenses. In addition, spending on debt of all kinds should not top 36% of household income. That cap on debt spending applies to everything from mortgages to car loans, student loans and credit cards.

To protect yourself from unexpected costs during this period (such as vehicle repairs), it’s not unwise to borrow a bit over what you need. It should be noted that even reputable lenders charge late fees and high-interest rates on short-term loans, so you should only borrow what you’re sure you’ll be able to pay back. Once you’re ready to move forward, you’ll need to have certain documentation onhand in order to get approved. This is necessary in order for the lender to reduce the chance that they deal with an unreliable borrower. Afterward, you’ll be able to secure your loan and put your financial concerns at ease. See extra details on this website.

Choosing the right financial advisor for your needs is very important, a key element, doing so means you won’t end up paying for services you don’t need, or working with an advisor who isn’t a good fit for your financial goals. Getting a strong referral from a friend or family member can be the first step in finding the right financial advisor.

Picking an advisor who is patient and doesn’t panic is very important to success. You need a planner who is always evaluating what options are best for you, but does not divert from a well thought-out strategic plan. A good advisor should have access to a broad range of experts to meet your specific needs. A team approach will ensure that you get the professional advice you require to meet any specialized investment, wealth management, insurance or debt management objectives.

A good financial advisor will meet with you face to face, and with your significant others, regularly throughout the year. And that level of attention should continue every year of your relationship. Too many times, people meet with an advisor, develop a plan, and then simply get statements in the mail.

Jeffrey Larson and 25 Financial fit all the check boxes. Jeffrey Larson has offered guidance to high-net-worth individuals and families, helping clients acquire financial independence as well as rare alternative investment opportunities for investors seeking higher rates of return while mitigating risks. Since graduating Biola University in 2004, Jeff has been an active resource for high net worth individuals and families.

Since 2004, Jeffrey Larson is constantly exploring opportunities to achieve his clients’ goals. He regularly takes due diligence trips to meet with the executive teams that operate the investment opportunities he recommends. Additionally, Jeff invests in his team, fostering strong relationships and a culture with a common purpose. Jeff and his wife, Kim, live in St. Louis with their five kids. In addition to work, they enjoy hiking, biking, motorcycling, fishing, camping, boating, mini-golf, and just about anything else outside with friends and family.

Jeffrey Larson offers guidance to financial independence for his comprehensive clients and rare opportunities into the private equity world for those investors seeking higher rates of returns while mitigating risks. He believes the best service comes from a team of fulfilled employees and building into those who share the responsibility of delivering results to his clients. As a team, they truly enjoy “working” and are blessed to carry this responsibility.

Jeff enjoys growing and exploring new opportunities to better equip and educate his clients. The following are a few areas in which he spends his time: Team – Maintaining strong relationships with his team, fostering a worthy culture that brings a common purpose greater than themselves. Technology – Constantly exploring and investing in opportunities that achieve client’s desires. Travel – Flying around the country for due diligence trips to deeply understand, walk, touch, and meet the executive team who will be overseeing the investment opportunity for himself and his clients.

Perhaps you just had a baby and want to ensure their future in case the worst happens. Many parents seek help for college savings for children and setting up estates that can convey wealth to future generations. The approach to investing at or during retirement is different than that of a young worker. As you near retirement your risk tolerance level will change, and your style of investing should change as well. Perhaps your company is offering a too-good-to-resist early-retirement package, and you want to make sure the money lasts.

Jeff and his wife Kim met at Biola in Orange County, CA and now live in St. Louis with their five children. In addition to “work” they enjoy hiking, biking, motorcycling, fishing, camping, boating, mini-golf, and just about anything outside with friends and family. Jeff and Kim have the privilege of teaching K-3rd Sunday School. Warning to clients interested in golfing with Jeff; he likes to get his money’s worth, so his goal is to hit the ball as many times as he can! Find extra details on Jeffrey Larson Alternative Investments.

Access to experts: No one person, however well trained, has the encyclopedic knowledge required to deal in depth with all the problems that can affect an individual’s financial affairs. Instead, a planner should be able to demonstrate that he or she consults regularly with experts in a variety of fields. Unless you’re dealing with a fee-only firm, you can expect to get suggestions that you purchase an investment or insurance product that the planner sells. There’s nothing wrong with that, provided the product is suitable for someone in your financial situation and compares favorably with the scores of others you might buy elsewhere.

We asked Jeffrey Larson to tell us a little about himself: “I have a unique approach to managing my clients wealth. I believe every portfolio needs to have a percentage allocated to “racehorse” opportunities that can bring the kind of returns to drive out-performance. I am fortunate to have creative and carefully-vetted partnerships that bring alternative investment opportunities to my clients they cannot get elsewhere. To evaluate investment opportunities, we use an extensive due diligence model, adapted from some of the top private equity firms in the industry.

High quality tax help firms in Houston, TX? Make 401(k) and HSA Contributions: People can make tax deductible contributions to traditional IRAs up to April 15 of next year. However, the door closes on Dec. 31 for 401(k) and health savings account contributions. “It’s a hard stop,” says Wendy Barlin, a Los Angeles-based CPA and author of “That’s Deductible!: Simple Tips and Tricks to Find More Business Tax Deductions.” “Whatever opportunities you have at work (for retirement savings), make sure you maximize them before the end of the year,” she says. Taxpayers with a qualified high-deductible family health insurance plan can deduct up to $7,000 in contributions to a health savings account. Individuals with self-only coverage can deduct $3,500. Those age 55 or older are eligible for an additional $1,000 catch-up contribution. Tax deductible contributions to a traditional 401(k) are capped at $19,000 for 2019. Workers age 50 and older can make an additional $6,000 in catch-up contributions.

This is a trendy topic in 2020. Money are a big problem, as everyone knows. We will discuss about a few tax loan tips finishing with the presentation of a high professional company in US. Why choose Green Tree for your Houston tax services and bookkeeping service needs? Green Tree Tax is masters when it comes to Houston tax services. Because Green Tree Tax provides exclusive assistance to taxpayers, making it easier for them to get it done through right, secure channels. Whether it’s income tax services in Houston or representing you before an IRS Examiner, or simply submitting the required tax documents. Our team of highly qualified professionals are here to help you. We can E-file your taxes, Amend your taxes, Help you with CP 2000 Letters, make payment plan of your taxes, and much more.

What are my obligations as an employer? Upon being notified of a wage garnishment court order, an employer should immediately alert the employee to the situation in writing. Depending on the garnishment, there may be a form provided for this (i.e., Form 668 for a federal levy). An employer can also draft a letter detailing the specifics of the wage garnishment order, the amount to be taken from each payment, and the length of time the wages will be garnished. Concurrently, an employer should notify their HR and/or payroll departments so they can start the wage garnishment process and ensure that payments are sent to the appropriate agency or creditor (whether the employee wishes to comply or not). Taking these actions protects the business from any legal repercussions for failing to respond to the order.

Our first clients have been average earners in Houston. Slowly we have grown into serving clients with higher incomes such as six-digit earners. Admittedly, for us doesn’t matter your amount of income. We help every taxpayer who is using our tax services in Houston with the same respect as the one before him/her. Due to our more than 5 years of experience in bookkeeping and tax preparation field unquestionably we have seen every type of tax issue there is to review. Additionally, more than 90 percent of our clients come back every year and express our services to friends and family. Discover even more details at tax services in Houston.

Prepare for Next Year’s Tax Filing: While it’s too late to affect your tax bill for this year, it is not too early to begin planning and making changes that might reduce your liability for the upcoming year. If you have a significant amount of unpaid taxes at the end of the year, an unusually large refund due, or you anticipate a substantial change in income during the current year, consider reducing your withholding allowance so your employer withholds more money from your paychecks during the year. Conversely, you can increase the withholding allowance to have more money distributed to you each pay period. Some people prefer to get a larger refund check, rather than a small increase in take-home income every pay period, because they’re less tempted to spend the money and more likely to save it. If your employer offers flexible spending accounts for health care, child care, or commuting expenses, take advantage of them early in the year. This allows you to pay those expenses with pre-tax dollars rather than after-tax dollars.

Look back to last year’s return? Hopefully by now you’ve filed your tax return for last year, or filed for an extension. If you’ve already filed your taxes for the current tax year, look back and think about areas that were problematic or extra stressful. Then think about how you can alleviate that stress for next year. For example, if you did your own taxes and had trouble with the math, consider using a free online tax-preparation service like Mtptaxes next year. If you had trouble verifying contributions you made to charity, plan how you’ll keep better records so it’s easier to claim a charitable deduction.

Child and Dependent Care Tax Credit: A tax credit is so much better than a tax deduction-it reduces your tax bill dollar for dollar. So missing one is even more painful than missing a deduction that simply reduces the amount of income that’s subject to tax. But it’s easy to overlook the child and dependent care credit if you pay your child care bills through a reimbursement account at work. The law allows you to run up to $5,000 of such expenses through a tax-favored reimbursement account at work. Up to $6,000 in care expenses can qualify for the credit, but the $5,000 from a tax favored account can’t be used. So if you run the maximum $5,000 through a plan at work but spend more for work-related child care, you can claim the credit on up to an extra $1,000. That would cut your tax bill by at least $200 using the minimum 20 percent of the expenses. The credit percentage goes up for lower income households. Find additional details on click here.

Who is Obediah Ayton and some of his philosophy? Obediah Ayton is a trust manager at Ayton Family Office Trust and a consultant at Tennor Holding B.V., an expert in family office business, AI driven accounting services, finance and accounting.

Right now is a great time to build close relationships with Family Offices for future capital raises! Moreover, diverse outreach also entails tailoring your conversations to the specifics of different family offices. Although there are general categories of offices — small single family offices, large single family offices, small multi family offices, and large multi family offices — Each firm is unique. “There is no singular template. Each family office has its own system — different sized teams, different missions, and different values.”Immediate results are not guaranteed, even with quality and diversified outreach. Quality conversations will take time to develop. Try to talk with family offices every day online and schedule face-to-face virtual meetings, and it still takes a long time to generate solid relationships, raise capital, or organize club deals.

Obediah Ayton about how to raise money from family offices: Biggest advice: – To let the Family Office understand that you’re interests are aligned with theirs. That you’re in this for the long term, not just a few transactions. Even if they’re great deals. Intelligence is a commodity. Integrity is not. To do: Listen. Add value at all times. Ask about their goals and objectives. Be authentic. Ask about what they are currently looking for. Do what you say you’re going to do. “Trusting is hard. Knowing whom to trust, even harder.”

Obediah Ayton about what happens when a Family Office takes the VC model: In addition, Family Offices want to avoid paying the typical “2 and 20” — a deal structure that requires investors to pay a 2 percent annual fee (some as high as 3 percent) to the VC firm on top of the 20 percent return on investment. This is why we’re seeing more of the mega-wealthy move away from only investing in private equity funds to increasingly working with their family offices to find the right types of direct investments that fit their long-term wealth-generation strategies.

Obediah Ayton Family Trust organizes golf networking events. Ayton Family Golf Networking is an opportunity for keen golfers and high level business men and women to connect over organised round tables and a round of golf. You have a chance to deeply get to know one another as a 4 hour round of golf is better than a 30 minute meeting in an office. What are you waiting for? Contact us if you have any questions.. Why participate? The Ayton Family brings together the world’s leading experts geared toward identifying actionable strategies for generating returns in a low-rate, high volatility market. Facilitated by the Ayton family office, the golf day will provide a full day of private peer-to-peer conversation, networking and cross-border thought leadership designed to make you think about what to look out for and how to work together. There’s little or no sign of it now but Ayton had its own golf club and course from 1891 until 1928. The golf course was in the haugh upstream from the Jubilee bridge. Andy Frost, who lives in Royal Bank House, has access to the minute books and has kindly made up these notes about the club.

Obediah Ayton about the new definition of a billionaire is not the net worth but in achieving change in a billion lives: Sustainable investing will remain a core trend in the foreseeable future thanks to 85% of all sustainable investments meeting or exceeding investor’s expectations in the past year. When considering these types of investments, family office executives need to ask themselves whether their office has established its purpose within the greater scope of impact and sustainable causes and set clear objectives accordingly. Discover even more info on Obediah Ayton.