Leonard Wright

Rethinking 65 — Most financial professionals realize that the wealth management and financial planning work we do with our clients has an outsized impact on their futures. Many do not realize how we can have a similar impact through our management of 401(k) plans. I am excited to share information in future columns to help enhance your leadership in your communities. Information you can provide your clients that very few see in our profession.

Rethinking 65 — For some businesses owners, there can be significant benefits to implementing a cash-balance pension plan. In particular, some can make significant contributions that could exceed $250,000 per member, shareholder or partner. The opportunities around retirement plans are enormous. Building on the concept of retirement plans as a cake, the communication around the cake concept is a simple and effective way to share with your clients what their options are.

californiacpa.calcpa.org — Retirement Ready? Financially Prepare Diverse and Low-Income Communities. The fact is that Cash Balance Plans help so many low-income, diverse, minority income communities get on track for retirement for very little out of pocket from the business owner.

californiacpa.calcpa.org — Retroactive ERISA Plans, Building stronger ties with clients while changing lives. Do your clients need a $250,000, $500,000, or $1,000,000 tax deduction for the prior tax year? Depending on how many partners or shareholders, their age, and other factors, you may be able to secure a significant tax deduction for your business owner clients.

californiacpa.calcpa.org — Changing the Future. Creating customized retirement plans custom fit to the culture of the company you serve to change the lives of the business owner reward long-term employees in the company.

californiacpa.calcpa.org — Creating a Retirement Ready Nation. The mandatory State IRA Retirement Program is coming for businesses. Learn what to expect in this new program created in the State of California that will require all businesses with more than 5 employees to participate if the business does not currently have a retirement plan.

Rethinking 65 — Advisors, TPAs, and even CPAs often leave the tax, and regulatory benefits of setting up 401 (k)/Profit Sharing and Cash Balance Plans off the table. The out-of-pocket cost to contribute to employees so that the business owner can enjoy significant benefits is reduced by taxation that can be as high as 50%, depending on which state the business owner lives in. Regulations can further reduce the out-of-pocket cost by another 50% based on the company's turnover rates. Some industries, such as construction and service-based businesses, have unique opportunities to provide significant additional tax or social insurance payment reductions.

Rethinking 65 — I knew little about the industry when I was a 28-year-old CFO in the jewelry industry. What I recognized is teamwork is essential to quickly becoming an expert. I had to rely on experts. That year, I formed my mission statement: "Working together to promote people, progress, and productivity. This article demonstrates by working together with an amazing team, your client's outcomes and reputation will be significantly enhanced.

www.calcpa.org — Helpful tips to safeguard you and your family. It's been two years since the Ponzi scheme was heard 'round the world. Our expert provides tips that can help spot a possible Ponzi scheme-and it starts with the old saying, "If it sounds too good to be true ..." By Wayne R. I contributed important information to complement the author's article. Fraud happens every day. Just as we covered on our radio show, It is everywhere. The only solution...be aware!

amazon.com — Save Wisely, Spend Happily: Real Stories About Money and How to Thrive From Trusted Advisors [Lechter, Sharon L.] on Amazon.com. *FREE* shipping on qualifying offers. Save Wisely, Spend Happily: Real Stories About Money and How to Thrive From Trusted Advisors

amazon.com — Tips from the Top: Targeted Advice From America's Top Money Minds is a comprehensive and insightful money guide devised from a panel of more than 100 of the country's top practicing experts in all areas of personal finance. No one person can be an expert in all topics related to the field of pers...

www.calcpa.org — Big Opportunity for CPAs in a Sea of Change By Gina Chironis, CPA/PFS, and Leonard C. Wright, CPA/PFS With the election over, the tax-related question is: Now what? For 90 percent of Americans, according to the AICPA, the answer is a tax increase in 2013 under current law, as CPA clients are facing one of the broadest tax increases in American history.

Rethinking 65 — When I was a 28-year-old CFO in the jewelry industry, I knew little about the industry. What I recognized is teamwork is important to quickly becoming an expert. I had to rely on experts. I formed my mission statement that year: "Working together to promote people, progress, and productivity.

ThinkTech Hawaii — Leonard is a nationally recognized wealth management professional with his own radio show called Financial Fridays in Las Vegas, Nevada. He's also active nationally with the AICPA. Lenoard and Reg discuss key drivers to small business success, how to be successful in multiple locations, how to promote yourself nationally, and share the best advice for starting out.

ThinkTech Hawaii — Key drivers to business success. The power of people. How to effectively hire. Getting to know what you don't know quickly. The benefits of being a member. Leonard is a nationally recognized wealth management professional with his own radio show called Financial Fridays in Las Vegas, Nevada. He's also active nationally with the AICPA. Leonard and Reg discuss key drivers to small business success, how to be successful in multiple locations, how to promote yourself nationally, and share the best advice for starting out.

CalCPA Magazine — Currently, about 15,000 business owners are not compliant with the CalSavers mandate. The article, co-written with the California Treasurer's office explains how to become compliant with a request to call the CalSavers office on the next steps to take. An essential article to help business owners

CalCPA Magazine — The process of financial planning requires the consideration of taxation for each element of the plan. CPAs with Tax Compliance are very close to delivering financial planning services. With a few adjustments, a new business line could be opened up in many firms.

CalCPA Magazine — The process of financial planning requires the consideration of taxation for each element of the plan. CPAs with Tax Compliance are very close to delivering financial planning services. With a few adjustments, a new business line could be opened up in many firms.

BBC Business — Are Las Vegas gamblers better off than investors who crowdfund? Financial pros probe new US rule allowing firms to solicit investors for cash.

Fox Business — When it comes to creating a nest egg, saving money that creates income is key. Here's how to do it.

Fox Business — Knowing where to cutback your budget is hard, but not impossible. Here are 10 areas experts identify are easy places to reduce your spending.

unioncsg.com — The cost of Merchant Cash Advances is discussed with Business Week's John Tozzi.

amazon.com — This book is for almost everyone. If you are just starting out, you’ll find good information regarding what to look at in your first 401(k) plan. If you are an experienced 401(k) participant and would like to save more, the section on budgeting may be important for you. If you are close to retirement, it may be important to know about annuities in addition to your 401(k) plan. The retirement budget section also may prove helpful in providing confidence as you get close to retirement. Tools in this book are included to help you on your journey.u

CalCPA Magazine - June issue — Human nature helps guide our investment decisions. This article explores a few examples of common thoughts over time, the value of a financial plan as a central theme in a client relationship and how investment philosophy can help shape the elements of a diversified investment portfolio.