The story of a three-generation family of Boeing employees and an examination of the company's impact on the Northwest with Washington CEO Magazine Boeing analyst Bryan Corliss.

CEO Spotlight

Boeing Commercial Airplanes CEO Scott Carson discusses the challenges facing the company and its future in the Northwest.

Scambuster

Attorney General Rob McKenna with warnings about identity theft.

Smart Money

Financial Advisor Kathleen Miller provides information on year-end tax planning.

Timing is everything -- There is a real opportunity for tax savings when you can predict if you’ll be paying taxes at a lower rate in one year than the other. Specific year- end tax savings strategies include:

• Fully fund your retirement accounts.
• Delay the collection of business income such as payment for services or rents collected.
• Prepay expenses such as deductible mortgage interest, medical expenses and tuition by the end of the year.
• Make large purchases such as a car or boat so you can deduct the sales tax.
• Contribute to charity in the form of cash, household items or securities and make sure you get a receipt.

Year- end financial planning strategies include:

• Review your overall portfolio. You should do this once a year, regardless of your tax situation.
• Determine if your allocation is still appropriate for you. For example: Do you need to be a more aggressive investor? Do you need to be more conservative if you are getting close to retirement?
• Review your wills, beneficiaries and trusts.
• Make a resolution to review your financial plan and budget at least quarterly.