What to Do With Your Money When a Recession is Imminent
Here are some of the top ways objective investors are managing their money with signs of a recession looming.
Tax Season is Over - Here’s What to Do Now
After filing your taxes, you may find yourself feeling fatigued from all the paperwork and numbers you’ve been crunching. But, before you put your documents away, follow these five tips that can help you save time, reduce stress, and get your taxes in order for next year.
3 Reasons to Consider a 401(k) After-Tax Contribution in 2022
After-tax contributions don’t save you money on your taxes the way pre-tax contributions to your 401(k) do, but they can make good sense for some people. Here is why the after-tax 401(k) limits are so significant in 2022.
Is Your Money Protected Against a Rising Tax Environment?
Knowing that tax rates are on the rise is enough information to take action now to safeguard your nest egg in retirement. Here is why I am encouraging my high-income earning clients to harvest capital gains before December 31, 2021 - and you may want to as well.
What Should We Do If The Step-Up In Basis Provision Is Eliminated?
The Biden administration has proposed the elimination of the "step-up in basis" loophole that Americans have been taking advantage of for years. What does this mean? What planning steps do we need to consider if this does get written into law? How can we proactively navigate this potential change?
How do Capital Gains Affect My Taxable Income?
Capital gain taxation has plenty of planning considerations. Some are obvious, but others derive as a result of how those gains affect other areas of your tax return or financial plan. Here are a few considerations for you as you decide how to time the sale of your investments and real estate.