Planning Pulse

Are You Extracting Enough Cash From Your Business?

BY Kristin Castner, CFA IN Planning Pulse
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All business owners exit their business at some point – either on their own terms or someone else’s. Obviously, you want to leave on your own terms if you can. That takes planning. And one of the most important things you can do as a business owner to operate on your own terms is to …

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What’s My Business Worth?

BY Kristin Castner, CFA IN Planning Pulse
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Last week on our blog we shared the four things you should do if you get an offer to buy your business. Getting an estimate of the value of your business was one of those things. This week, we are digging into how you find out what your business is worth. Before we get into …

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Someone Offered to Buy Your Business: What To Do Next

BY Sammy Azzouz IN Planning Pulse
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About 40% of my clients are business owners, or retired business owners. Starting in 2013, I noticed that deal activity was picking up for those owners. Low rates, lots of money in the system, and other factors led to interest in buying good private companies. That activity has increased over time. It’s a seller’s market for business …

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Tools for Business Owners

BY Kristin Castner, CFA IN Planning Pulse
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Most if not all Americans celebrate Labor Day. Many don’t know that it’s a celebration of the social and economic achievement of workers in the U.S. Rather, the day is more often a marker for the unofficial end to summer. At Heritage Financial, we believe you can’t celebrate the achievements of labor in the United …

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Taxes, Interest Rates, Afghanistan, and Your Money

BY Kristin Castner, CFA IN Planning Pulse
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There was a lot of news to tune into last week. Let’s take a look at what’s been happening and what it means for your finances. Taxes The big legislative news last week was that the $3.5 trillion budget resolution that was previously approved by the Senate also passed the House. The budget resolution is …

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Are My Taxes Going Up: Part II

BY Kristin Castner, CFA IN Planning Pulse
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Last week the U.S. Senate passed both a $1 trillion infrastructure bill and a $3.5 trillion budget resolution. What’s next, and what implications does it have for your money? What’s Next? Let’s start with the infrastructure bill. It passed the Senate with some bipartisan support. It now goes to the House of Representatives for consideration. …

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How Long to give an investment strategy

BY Sammy Azzouz IN Planning Pulse
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After the blockbuster James Harden trade from the Houston Rockets to Brooklyn Nets, Rockets General Manager Rafael Stone half-joked in a press conference that you couldn’t judge the trade until 2030 given the future draft capital the Rockets received. Stone and the Rockets made a long-term investment – exchanging James Harden for potentially valuable future …

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This Tax Credit Is Now A Cash Refund Starting In July

BY Ed Jastrem IN Planning Pulse
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Last week the IRS announced plans to move forward with direct cash payments to taxpayers eligible for the child tax credit. Payments will start in July and run through December of this year. The IRS estimates that about 39 million households and 88% of children in the U.S. will be eligible for the credit. But …

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