Blog

by Barry C Picker, CPA/PFS, CFP   Paperless, paperless, paperless. It’s all the rage. We have to get rid of paper. Don’t get me wrong, I’m all for it. I would love to get all the stuff in our filing cabinets into electronic format and shred, shred, shred.   But I’ve concluded that instead of […]

The Supreme Court decision in Windsor v. US has effectively struck down Section 3 of the Defense of Marriage Act retroactively. As such, anyone affected can file amended joint returns for all open years. The normal Statute of Limitations is three years. Therefore, 2010, 2011 and 2012 are all open years. Additionally, if both spouses […]

It’s been a good year for the stock market; many portfolios are showing a decent gain. This is true for mutual funds also.But mutual funds have a little tax quirk – they must distribute their capital gains to their shareholders. This is all well and good, except that most shareholders just reinvest the dividends in […]