Archive | June, 2012

Divorce and Your Finances

Divorce can be a complicated and challenging process in which details are easily overlooked. It is important to know the laws that shape divorce proceedings and to understand the impact they have on your assets. Dividing the Assets Typically, everything you and your spouse acquired from the day you were married is subject to division. […]

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Washington Hotline – June 26 2012

Tax Reform and New Revenue Senator Max Baucus (D-MT) is continuing his series of tax reform hearings as Chairman of the Senate Finance Committee.  On June 19, former Sen. Pete Domenici (R-NM) and Alice Rivlin, former Director of the Congressional Budget Office and the Office of Management and Budget, described their solution.  Domenici and Rivlin […]

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Washington Hotline June 19, 2012

Tax Code is “Beast with Hundreds of Heads” Senate Finance Committee Chairman Max Baucus (D-MT) has been holding a series of hearings in preparation for major tax reform in 2013.  In an address on June 11 to the Bipartisan Policy Center, Baucus outlined the basic guidelines for major tax reform.  He compared the current tax […]

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Analyzing Your Cash Flow

As any small-business owner knows, maintaining a positive cash flow is the essence of staying on course with your objectives. Conducting a periodic cash flow analysis will help you determine whether your business generates enough cash to meet your obligations and how cash outflow compares to incoming revenue from sales. Cash flow analysis also is […]

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Washington Hotline – June 12 2012

CBO Director Elmendorf on Debt and Taxes The nonpartisan Congressional Budget Office (CBO) is responsible for providing Congress with financial estimates for future budget and tax policies.  CBO Director Douglas Elmendorf testified before the Budget Committee of the House of Representatives on June 6. Elmendorf started by noting that the public federal debt for the […]

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AAM Weekly Market Wrap June 11 2012

  Weekly Market Wrap: Stocks rebounded last week posting the best weekly gain of 2012.  The S&P 500 index surged 3.73% to 1,325.66.  Oil also gained adding 1.22% to $84.32.  Gold slid 1.81% to $1,593.85 and the dollar dropped against other major world currencies losing 0.45% to $82.51. Year-To-Date for the major indexes: The S&P […]

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Does Your Portfolio Reflect Your Risk Tolerance?

When it comes to investing, many people associate risk with losing money. But investing entails different types of risk. Understanding each type of risk and the potential return associated with your retirement portfolio can help you determine whether your investments are appropriate for your situation. Examining Risk and Return Stocks historically have exhibited the highest […]

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