Smart Succession Planning Unlocks Your Retirement Funds

As it stands today, roughly 12 million Baby Boomers own some type of small business, the combined value of which is roughly equal to $10 trillion. This comes at a time when the oldest of them have just crossed into their seventies.

Sep 20, 2017 Seth Scholar

Donating for Impact? Don’t Restrict Your Dollars

Funders may tell you that restricted funding increases nonprofit transparency, but what exactly are funders so afraid nonprofit leaders will do if given the flexibility and implied trust that comes with unrestricted funding?

Sep 11, 2017 Bree Cahill

They Come Hat in Hand for California’s ‘Green’ Money

It should come as no surprise that when the California Legislature recently began the process of divvying up proceeds from the state’s cap-and-trade auctions, a cavalcade of local officials, community activists and lobbyists rushed to Sacramento, with hands out.

Sep 6, 2017 Julie Cart

4 Giving Strategies to Up Your Charitable Impact

Californians are very generous. They donate about 2 percent of their income to charity, which amounted to more than $26 billion in 2013, according to the Urban Institute’s analysis of data from the National Center for Charitable Statistics. If you plan to support your favorite causes this year, consider these simple, tax-smart strategies that help your charitable dollars have more impact.

May 4, 2017 Kim Laughton

Fortress of Solvency

For families taking care of a special-needs child or adult, solid financial and legal planning gives a measure of control over an expensive future

The day that Jenny and Bob had their son Justin in 1994, they set foot in a new world. Jenny went into labor four weeks early, and her baby presented in the wrong direction — feet first. So he was delivered through emergency C-section. Once he was born, his heart rate dropped instead of rising, as it should have. For weeks it wasn’t clear whether he’d survive.

Apr 18, 2017 Steven Yoder

5 Ways to Save On Your Taxes

Taxes. Whether you’re married or single, many people I talk to would rather put my feet to the fire than file taxes. Why? Well, there’s the time it’s takes to gather all the information and documents needed to file your taxes. Then there’s the process of preparing the return online or hiring someone to do it for you. There are better things to do — like watching water drip or paint dry.

Apr 5, 2017 Mike Ornelas

Buzzwords: Funnel

Are you a customer that has fallen out of the funnel?

“If I have to use the word ‘funnel’ one more time today, I might die. #buzzwords” — @abhinemani

Posted on Twitter by Sacramento’s Chief Innovation Officer, Abhi Nemani, on Aug. 22, this was the tweet heard ‘round the Comstock’s office. It kicked off a lengthy debate among our staff about what “funnel” actually meant.

Oct 12, 2016 Robin Epley

After the Fact

Six years after his long-time accountant was sent to prison for fraud, one client looks for answers

Bill Murray (not that one) was at the top of his game, so to speak, until an epic fall from grace. In December 2009, the 54-year-old tax accountant was charged with defrauding more than 50 clients of his Sacramento firm, Murray & Young Accountancy, out of more than $13.3 million. He subsequently pleaded guilty and was sentenced to 19.5 years in federal prison. The saga played out like a reality TV crime drama, from beginning to end.

Jul 26, 2016 Stuart Greenbaum

How to Vet a Financial Advisor

You’ll make a handful of major decisions in life. One of those is selecting the professional who will manage your savings and handle your investments. This choice will impact everything in your life, including sending your child to college, buying a house and living comfortably in retirement. Here are seven criteria for vetting a financial or investment professional:

Jul 26, 2016 Sena Christian