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A look at the fiscal cliff deal

Posted Sun, January 6, 2013 by Greg Womack
Key Provisions of H.R. 8: American Taxpayer Relief Act of 2012 (“Fiscal Cliff Agreement”)   The 112th Congress was recently dubbed the “Do Nothing Congress” for the minimal amount of legislation enacted during the two-year session. Two hours a...    view full article >>
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Fiscal Deal made, but taxes still rise

Posted Tue, January 1, 2013 by Greg Womack
Here is a good article from CNBC. Despite “Cliff’ Deal’s Cuts, Your Taxes are Going Up. http://www.cnbc.com/id/100348254    view full article >>
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Wise Move 10: Hurricane Sandy relief

Posted Sun, December 30, 2012 by Greg Womack
Hurricane Sandy relief: The IRS cautions people wishing to make disaster-related charitable donations to be aware of possible scams relating to Hurricane Sandy. Be sure to deal with recognized charities, and be wary of charities with similar sounding nam...    view full article >>
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Wise Move 9: Convert that IRA into a Roth IRA

Posted Thu, December 27, 2012 by Greg Womack
 Convert that IRA into a Roth IRA – if you want to reduce your taxes on income in retirement, or if you don’t plan on using that IRA for many years, consider converting all or part of an IRA into a Roth IRA. You will have to include the convertible a...    view full article >>
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Wise Move 8: Consider taking gains/losses

Posted Sun, December 23, 2012 by Greg Womack
 Consider taking gains / losses – capital gains rate and income tax rates are due to increase, unless congress acts to extend them. It’s always smart to take gains at some point; and with the possibilities of higher capital gains taxes, and a market ...    view full article >>
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Wise Move 7: Review portfolio-time and consider rebalancing?

Posted Sat, December 22, 2012 by Greg Womack
 Review portfolio-time and consider rebalancing? Review asset allocation mix. Re-evaluate your risk tolerance and goals. And then consider selling securities that have increased the most, and buying into those that are down--as long as the holdings still...    view full article >>
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Greg K. Womack, CFP
President & Principal


Greg formed Womack Investment Advisers Inc. in 2000 and has built his practice on the use of individ...

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1366 East 15th Street
Edmond, OK 73013
Phone: (405) 340-1717
Fax: (405) 340-6091