Month: May 2017
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What you should know about limited partnership investments
list of cautionary considerations about limited partnership investments
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Tax stress?
This is the time of year when IRS and state auditors pick up the pace of sending out examination notices and this causes some people a lot of stress. I’ve heard plenty of stories about how a person lost sleep or couldn’t enjoy their weekend worrying about the IRS letter. Only one in four of these…
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Obstruction of Justice!
I know you thought this would be about President Trump. It’s not. It’s about me. I was once threatened with a charge of obstruction of justice. My lawyer later explained that law enforcement has wide latitude in applying this charge and that they probably would have prevailed in bringing the criminal charge against me had…
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Wells Fargo in the news again
Most of the nonprofit businesses that I work for in the Philadelphia area use Wells Fargo as their primary bank. I’m not quite sure how that happened; it was not a deliberate choice on my part of saying to these boards “hey guys: let’s all use the same bank so that it will make my job…
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It’s time for a fresh look at computer backup
I revisit this topic of data backup occasionally and I think you should too. The simple question is ‘What’s the best way to keep my digital data safe from disaster?‘ The conversation involves several steps. First, it is important to recognize the range of risks. It does no good to have a backup system that…
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Are you a financial revolutionist?
A revolutionist is someone who wants to change the world — not just sitting around talking about it, but actually doing something to bring about change. If that describes your approach to personal financial management, then I’d love to have a conversation about what you are doing now and what else can be done to improve…
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Philly: “This is not a normal election”
This post is not meant to express an opinion on any of the local issues here in Philadelphia or express support or criticism any candidate. The fact is that I don’t know much about criminal justice and I don’t know any of the candidates in the DA race. This writing simply expresses my fear of…
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Begin financial planning for health care changes now
We expect major changes ahead to U.S. health care policy under the current federal leadership. We don’t know specifically what these changes will be and when the changes will come. Yet for those with chronic medical conditions, it makes sense to begin financial and legal preparations for the change now. One key aspect of the change…
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Cities vote to support impeachment investigation
I urge my hometown of Philadelphia to join other cities across the country like Los Angeles, Berkeley, Alameda, Richmond, Charlotte, Cambridge in passing a resolution to support for any legislative action to investigate Trump’s possible violation of the Foreign Emoluments Clause of the Constitution. We can not rely on federal government to complete an investigation of…
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Why I oppose the Republican health care plan
(Hint: It’s pretty much the same reason as I opposed ACA but with a new additional objection that it gives unwarranted tax breaks to the wealthy). “Anybody with $250,000 a year of adjusted gross income and a lot of investment income is going to have a huge tax cut.” – Warren Buffett, 5/5/2017 on the Republican…