One of the never ending debates in the financial services industry is how to compensate salespeople. On one end, there's commissions, and on the other end, there's a straight salary. Which one is better?
Do you have a tax problem? It is ironic that having a tax problem is a good thing, when compared to the alternative. Fortunately, there are options available to minimize your tax bill.
Today the Internal Revenue Service announced cost-of-living adjustments that affects limitations for pension plans and other retirement-related items for Tax Year 2012. What this means to you: Larger income tax deductions!