Peters

read morePS is wholly owned by Stephen F. Peters CPA/PFS and registered in the State of Washington. The firm and employees provide consulting and compliance services in areas of financial and business management, investment management, accounting and taxation. Recently, a new accounting service using Quickbooks has been announced. The firm can provide consulting to businesses to support their accounting system, or the the firm can perform the accounting service for the business. The firm provides investment advice in the context of helping clients make financial plans and related decisions.

read moreIf you do not plan your estate, the state will plan it for you. Regardless of your net worth or family circumstances, you can benefit from a well designed estate plan. We can help prepare you with an estate plan which will minimize, or even eliminate estate taxes. If required, we will refer you for wills, trusts, advanced health care directions, durable powers of attorney, life insurance and annuities. One of the most critical aspects in successful planning is the analysis of your entire financial picture.

read morePeters & Company Inc., PS provides a wide range of services to individuals and businesses in a variety of industries. At Peters & Company Inc., PS, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. At Peters & Company Inc., PS, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.

read moreFollowing are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value. Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.

read moreInformation and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.

read moreIf you don't want to put up with the hassle, you can outsource your accounting to us. We can set you up to easily transfer information to our office where we can efficiently prepare your bank reconciliation, financial statements, tax returns, and provide advisory services. Peters & Company Inc, PS is a registered investment adviser in the State of Washington. The adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.

read moreIf you have a large capital gain this year from an investment, it may be advisable to hold onto the investment until next year to put the gain into next year's taxes. You may also want to sell off any investments that you have that are losing value at the moment to claim your losses. The interest gained from state and local bonds is usually exempt from federal income taxes. These investments generally pay back at a lower interest rate than commercial bonds of similar quality. Since Treasury Bonds are similarly exempt from state and local income tax, they can be a particularly good investment for those who are in high tax brackets and live in high-income-tax states.

read moreThe first step is to figure out a realistic financial goal for yourself and your family. Talk with your loved ones to ensure that everyone has the same goals in mind. Clearly not all families will have the same end goal - figure out what is important to you, whether it is early retirement, financial comfort, children's education, travel, taking care of elders, or your children. Someone starting their savings in their early 20s can save 10% of their income and have a sufficient nest egg, while someone starting in their 40s may have to bump that number up more towards 20%.