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Women & Investing – Free panel discussion to be held at the Plymouth Chamber of Commerce on May 5th

Women & Investing – Free panel discussion to be held at the Plymouth Chamber of Commerce on May 5thRead More

How do you protect your nest egg? Free panel discussion at the John Curtis Library Hanover

Some jest – “When did my 401K turn into a 201K?”   But market volatility and your nest egg is no laughing matter.

Recent and drastic shifts in China’s economy as well as concerns over plummeting oil prices and ongoing turmoil in the Middle East have investors worried about their financial future – from college funding to retirement planning.

A panel discussion entitled “Market volatility – how do you protect your nest egg?” will address that topic.  The free presentation will include seasoned, regional financial experts including Betsy Vallone of Essential Asset Management based in Norwell, MA; Bob Leonard of Rodman CPAs located in Waltham, MA; and Attorney James Tierney, Law Offices situated in Duxbury, MA.

The discussion, including time for questions and answers, will be held February 24, 6 p.m. – 7:30 p.m. at John Curtis Library, 534 Hanover Street (Route 139), Hanover, MA 02339.  Light refreshments will be served.  To RSVP, please call (781) 569-4914 or email betsy.vallone@essential-am.net.

Families, small business owners, people in transition and those in retirement who are generating income are encourage to attend and learn strategies to protect their financial future.

Topics will include an outline of safer investment options, simple measurement tools to keep investments on track, alternatives to traditional investing and strategies for paying yourself first.

The panel discussion is sponsored by Essential Asset Management (EAM) of Norwell, MA. The firm was founded in 2011 and provides a full array of planning and investment related services to meet clients’ specific needs and goals. From portfolio management and retirement planning, to estate planning and tax efficient investing, the firm’s investment advisors work closely with clients, engaging and encouraging ongoing feedback, in the creation of a holistic financial plan. Steve Daglio and Betsy Vallone are co-owners, principals, and partners of the fee-based investment advisory firm serving families and individuals throughout the South Shore. The husband and wife team have a combined 26 years of experience working in financial services, providing investment strategies for individuals, small businesses, institutions, and even other financial advisors.

Essential Asset Management, LLC is located at 167 Washington Street, Norwell, MA 02061. For more information, visit www.essentialassetmanagement.net.

 

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Rodman & Rodman CPAs Provide Insight on Recent HIRE Act

Rodman & Rodman, P.C., a firm of CPAs and Business Strategists based in Newton and Braintree, provides insight on the Hiring Incentives to Restore Employment (HIRE) Act, that carries hiring incentives and stimulus measures.

Last month, President Obama signed into law H.R. 2847, otherwise known as the HIRE Act.

Rodman & Rodman outline what the act means to employers who hire qualified unemployed workers:

Under the HIRE Act, employers are exempt from paying the employer share of Social Security employment taxes on wages paid in 2010 to newly hired, qualified unemployed workers. The payroll tax relief applies only for wages paid with respect to employment beginning March 19th and before 2011. There are stipulations though. It applies to workers who: (1) begin employment with the employer after February 3, 2010 and before January 1, 2011; (2) were previously unemployed and; (3) do not replace other employees of the employer.

Employers will receive an up-to-$1,000 tax credit for retaining qualified unemployed workers. The workers must be employed by the employer for a period of not less than 52 consecutive weeks, and their wages for such employment during the last 26 weeks of the period must equal at least 80% of the wages for the first 26 weeks of the period.

For tax years beginning in 2010, the Act boosts to $250,000 the maximum amount that can be expensed under Code Sec. 179, and boosts to $800,000 the beginning of the investment based phaseout amount.

The Act allows issuers of certain tax credit bonds to elect to receive a direct payment instead of a tax credit to the bondholder.

The Act enacts a comprehensive set of measures to reduce offshore noncompliance.

HIRE Act also delays the application of worldwide allocation of interest for an additional three years.

Large corporations should be aware that the HIRE Act tinkers with their estimated tax payments in future tax years.

Rodman & Rodman advises employers to check with their accountant(s) to ensure they have a thorough understanding of the provisions of the new law. To speak with a CPA at Rodman & Rodman,

contact 617-965-5959.

Rodman & Rodman, P.C.

Founded in 1961, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies throughout New England. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education. Rodman & Rodman Certified Public Accountants are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, Mass. For more information, visit their website at www.rodmancpa.com or contact (617) 965-5959.

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