Factoring Taxes Into Your Investment Planning
When it comes to tax planning and your investments, it can be difficult to know where to start. Tax treatment of investments varies based on a number of factors, such...
21 January, 2025
Tax Planning Tag
Tax Planning Guide 2024-2025
To keep your taxes to a minimum, you must know all the tax breaks you’re eligible for and implement strategies that maximize these opportunities while staying within the law. Even...
13 November, 2024
2024 Update: Waiver of RMDs for Inherited IRA Beneficiaries
The IRS's latest notice suspends RMDs for some inherited IRAs in 2024, offering beneficiaries a financial breather. Find out if you qualify for this waiver and how it affects your...
02 May, 2024
Financial Reset: Strategizing for a Prosperous Year Ahead
Set your financial targets for the year with this comprehensive guide that uses the SMART framework. Learn about strategies for debt repayment, evaluating your emergency fund, and early tax planning....
11 April, 2024
Practical Strategies for Managing a Sudden Financial Gain
Are you equipped to handle a sudden financial gain? Learn four steps you can take to navigate tax planning and potential tax burdens associated with a financial windfall....
02 February, 2024
What Your Accountant Needs to Prepare Your Tax Return
What does your CPA need from you? The following is a list of general information that should be gathered for your income tax returns. Tax Information Needed Individual income tax returns: If...
16 January, 2024
Net Investment Income Tax (NIIT): Strategies for Minimizing Tax Impact
© 2023 Individual taxpayers are potentially liable for the net investment income tax (NIIT) if their modified adjusted gross income (MAGI) exceeds $200,000 ($250,000 for joint filers and qualifying widows or...
12 January, 2024
Private Foundations vs. Donor-Advised Funds
© 2023 Private foundations can be highly effective for people who want to leave a charitable legacy, but they’re expensive to set up and operate. Donor-advised funds are popular alternatives, but...
12 January, 2024