Services

1 Executive Blvd, Suite LL4
Paducah, KY 42002
Ph: 270.443.5744 Toll Free: 800.803.1319
Fax: 270.441.7047

Services We Offer

PERSONAL FINANCIAL PLANNING

· Comprehensive personal financial planning

· Retirement planning

· Education funding

· Life, disability and health insurance evaluation

· Investment plan design and implementation

· Investment portfolio monitoring

· Investment asset allocation

· Computerized mutual fund evaluations

ACCOUNTING

· Reviews and Compilations of financial statements

· Reviews and Compilation of prospective financial statements

· Personal financial statements

· Budget preparation assistance

· Monthly or quarterly bookkeeping

· Assistance with internal bookkeeping

· Accounting system design and implementation

· QuickBooks Pro Assistance

TAXATION

· Preparation of all federal, state and local tax forms

· Consultations, negotiations and correspondence with all federal, state and local taxing authorities

· Tax transaction planning

· Estate tax planning

· Comprehensive federal, state and local tax research

· Mutual fund tax basis determination

BUSINESS CONSULTING

· Business plan development and implementation

· Business comprehensive financial planning

· Financing assistance including negotiations with financial institutions

· Lease/buy analysis

· Trouble debt restructuring and bankruptcy

· Business buy/sale assistance

· New business start up assistance

· Executive compensation arrangements

· Pension plan design and implementation (including employee stock ownership plans)

· Non qualified deferred compensation arrangements

How Can I Generate Tax-Deferred Income?

Tax deferral is an extremely attractive component of any tax planning strategy.

The income you earn on your principal is allowed to compound tax deferred until you withdraw the money. Only at the time of withdrawal do you become liable for taxes.

Tax deferral is encouraged by the government to stimulate long-term planning, especially retirement planning. Individual retirement accounts, Keogh plans, 401(k)s, and other qualified retirement plans all benefit from tax deferral.

In addition, many insurance-related vehicles, such as annuities (both fixed and variable) and certain life insurance contracts, include the benefit of tax deferral.

There is a substantial benefit to deferring taxes as long as possible. The compounding effect can be dramatic over an extended period of time and can make a substantial difference in the accumulation of a retirement nest egg.

One note of caution: When formulating your tax plan, recognize that most tax-deferred investments do incur penalties for withdrawal prior to age 59¹/2. The government not only taxes you at that point, but also imposes a 10 percent penalty. Once again, the government is encouraging long-term planning.

Another nice feature of the tax-deferred investment is the flexibility to choose from the complete spectrum of investment vehicles. Under the tax-deferred umbrella, you can select an equity portfolio, a fixed income portfolio, or a combination.

Tax-deferred income investments, which reduce your current tax liability and can increase your net worth, may be an attractive addition to your portfolio.

How Can I Upgrade My Insurance — Tax-Free?

Responding to the changing needs of consumers, the life insurance industry has developed some exciting alternatives. These alternatives go much further in satisfying a variety of financial needs and objectives than traditional types of insurance and annuities.

Advancements

Modern contracts offer much more financial flexibility than traditional alternatives. For example, universal life and variable universal life insurance policies allow you to adjust premiums and death benefits to suit your financial needs.

Affiliated Financial Group Services Financial Guidance You Can TRUST

Affiliated Financial Group Services
Financial Guidance You Can TRUST