We are seeing an increasing demand for retirement and estate planning.
San Francisco, CA (PRWEB) September 23, 2014
Safe Harbor LLP (http://www.safeharborcpa.com/), a top San Francisco CPA firm for retirement and estate planning, has published their informative September tax tips newsletter for San Francisco individuals and businesses.
“As the baby boomers grow older, we are seeing an increasing demand for retirement and estate planning,” explained Chun Wong, CPA, managing partner at Safe Harbor LLP. “Accordingly, our bulletin focuses on the critical issue of living only off of investment income vs. drawing down principal during one’s retirement.”
To read the ‘September Tax Tips Newsletter for San Francisco,’ please visit http://safeharborcpa.com/october-2014-san-francisco-tax-tips/. In addition, one can browse the website to learn more about Safe Harbor LLP as a top San Francisco CPA firm for estate and retirement planning issues.
October, 2014 Tax Tips for San Francisco
Among the items discussed in this month’s lively San Francisco tax tips bulletin are the following. First, as explained above, the issue devotes coverage to the issue of drawing down income from investments (such as interest income from bonds, or dividend income from stocks) vs. drawing down principal. Another related issue is an estimation of one’s life span, and how much income is required to support the desired lifestyle. Second, the issue turns to collectibles and taxation; many San Francisco residents are avid art and antique collectors, but they may be surprised to learn how disadvantageous the tax system can be towards collectibles. And finally, the issue turns to a common question: whether a new business should form as an ‘S’ corporation or an ‘LLC.’
About Safe Harbor LLP – a Professional CPA Firm in San Francisco
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
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