You are here:
Personal Investment & Financial Planning Q`s/Expert Profile
Expertise
I am a CPA and CFA with more than 20 years of assisting others to address a wide variety of tax and financial issues, including: (a) tax and timing for conversion of various retirement vehicles including 401(k), traditional IRA, and Roth IRA; (b) starting date considerations for social security benefits and related tax liabilities; (c) computation of book and tax basis, gains and losses on investments, §1031 exchanges; (d) tax benefits and deductions on principal residence, vacation homes, and investment properties; (e) acquisitions of business properties, computation of bonus depreciation, and MACRS depreciation; (f) tax as related to various martial issues, including dependences, noncitizen spouses, and divorce settlement; (g) review of college funding options and tax attributes; (h) tax computation and investment considerations for fixed and variable annuities; (i) tax considerations relating to gifting by parents and grandparents; (j) tax on employee benefits programs including retirement plans, health insurance, and other benefits; (k) tax on inherited assets including assets, insurance, and other assets.
Paul Sid, CPA CFAFinancialEdge.net
Experience in the area
I have over 20 years of financial, accounting, and tax experience in working with individuals and fortune 500 companies. I am most interested in helping you to make better financial decisions.
Organizations
Financial Planning Association of San Francisco; Tax Executive Institute, Santa Clara Chapter
Education/Credentials
B.S. California State University, Los Angeles, CA CPA (California), CFA
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response P = Politeness| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| tanveer | 05/03/12 | 10 | 10 | 10 | He has answered with logic and sense ..... |
| John | 02/16/12 | 10 | 10 | 10 | Thank you for explaining that all, very ..... |
| John | 11/02/11 | 10 | 10 | 10 | Was able to answer all of my ..... |
| kelvin | 10/24/11 | 8 | 8 | 10 | |
| Chad | 10/04/11 | 10 | 10 | 10 | Ok Paul, here is the additional information ..... |
Recent Answers from Paul Sid, CPA CFA
2012-05-02 CPA vs CFA:
Hi Tanveer, Thanks for your question. In this job market that is a nice dilemma to have. You have two major considerations -- (1) choose a career that you like and (2) choose a career with the greatest
2012-02-10 Annunity:
Hi John, With a pure fixed annuity (aka book value annuities), the insurance company assumes the risk. With a MVA you take the risk. Consequently, the insurance companies is able to offer you a
2011-12-28 investment planning:
Hi Robert, In looking about your investment results, I commend you for making some very smart decisions. I would not be surprised if your portfolio outperforms the portfolios of most wall street money
2011-12-09 Managing Mother-In-Laws Finances:
Hi Doug, Thanks for your question. A good place to check for rates is: http://www.bankrate.com On the right side of the homepage is a five tab box: Mortgage, Home Equity, Auto, CDs, Credit Cards
2011-12-03 Inheriting Pension Plan:
Hi Alex, Income taxes. You will have to pay both federal and state income taxes on the cash-out distributed to you. The distribution will be added to taxable income. You will immediately pay taxes
Answers by Expert:
©2012 About.com, a part of The New York Times Company. All rights reserved.