If you’re still using Mutual Funds and haven’t explored ETFs, then now may be the time. An ETF is an Exchange Traded Fund. But what does that mean? If you are familiar with Mutual Funds then understanding ETFs will be easy. An ETF is simply just a bucket of stocks or bonds, just like a […]
ETFs vs Mutual Funds | Which is Best? Read More »
On Thursday, March 11, 2021, President Biden signed into law the $1.9 trillion American Rescue Plan. Below are highlights of the bill: Stimulus Payments If your adjusted gross income (AGI), based on your 2019 or 2020 tax return, whichever is the most recent on file with IRS, is less than or equal to $75,000
Summary of the American Rescue Plan Stimulus Bill Read More »
Many pension plans are under a lot of stress due to the coronavirus. In today’s article, I discuss what you need to do to protect yourself against your pension not fully being there in the future. State Pension Plans Colorado, South Carolina, and New Jersey previously decided to temporarily stop making additional payments to
Is Your Pension Safe? Read More »
In last week’s blog post I discussed the importance of converting some of your taxable IRA to a tax-free Roth IRA to protect against higher taxes in the future. With that in mind, should you convert your entire IRA to a Roth IRA? I answer this question in today’s article. There is a strong appeal
Should Your Entire IRA Be Converted to a Tax-Free Roth IRA? Read More »
Last Updated 8/9/2021 As a result of our country’s rapidly growing debt, you could be forced to pay higher taxes in the future. In today’s article I will discuss 3 strategies for how you can protect yourself against that TODAY! At the end of 2020, the U.S. debt stood at around $28 trillion; up from
3 Strategies to Protect Yourself From Higher Taxes Read More »
I am very excited to announce that we will now be preparing tax returns! We’ve long known that this is something that would be very beneficial for the income tax planning that we do with clients. And now we have this service available – for both clients and non-clients!
We Now Prepare Tax Returns!! Read More »
Last Updated: 5/28/2021 In today’s blog post, learn 3 reasons why it may be advantageous for you to start converting some of your IRA to a Roth IRA (known as a Roth IRA Conversion). Doing so could significantly improve your net worth and protect you from an uncertain political future.
3 Reasons to do a Roth IRA Conversion Read More »
This week’s Articles of Interest is a continuation from last week’s article. Last week I shared an article that discussed the tax reform plan released by the House. This week, the Senate unveiled a plan of their own which differs from the House plan. Today’s article from WealthManagement.com is titled Everything You Need To Know
Articles of Interest: [Breaking News] Tax Reform Part II Read More »
On Thursday, the House GOP released an outline of their proposed tax reform bill known as the Tax Cuts and Jobs Act. In today’s Article’s of Interest, I am sharing an article from ThinkAdvisor titled GOP Tax Reform Bill Unveiled: A First Look. This article provides an overview of what is being proposed. Included are
Articles of Interest: [Breaking News] Tax Reform Read More »
I’m very happy to report that I’ve recently been published on ThinkAdvisor.com. The article I wrote for them is titled An Unconventional Approach to Asset Location. Asset location is when you strategically place certain asset types (i.e. stocks and bonds) into certain account types (i.e. IRAs and taxable accounts). If done properly you could end
I’ve Been Published! ThinkAdvisor.com Read More »
I’m very happy to report that I’ve been published again. This time it’s in Financial Advisor Magazine’s online section, Expert Views. This article is an extension of the last article I wrote where I discussed that Tax-Loss Harvesting is not as beneficial as others would have you think. In this most recently published article, I discuss several
I’ve Been Published – Again!! Read More »
I’m very happy to report that I’ve been published in the Tax Planning section of a leading industry magazine, Investment News. This is exciting since it’s my very first published article in a magazine. Many articles and websites that I read tout the wonderful benefits of tax-loss harvesting and how you can increase your return.
I’ve Been Published!! Read More »
