With the holidays nearing – as well as the end of the fiscal year – now is a great time to consider charitable giving. Not only can you directly impact…
Tag: tax planning
How to Lower Your Tax Bill Close to Retirement
When nearing retirement, many Americans look forward leaving tasks like tax planning behind with the working grind. However, planning strategically now can mean more funds for the things you love…
Am I Due a Tax Refund in 2022?
TAX SEASON IS UNDERWAY! The IRS announced that the 2022 tax filing season opened this Monday (January 24th, 2022). It’s the third coronavirus pandemic tax filing season, and again, that’s…
Benefits of Pre-Tax Retirement Accounts
When it comes to saving for retirement, you have many different retirement accounts to choose from. By understanding how tax-efficient strategies can affect your retirement, you have a greater chance…
What to do to Prepare for Tax Law Changes
President Biden has unveiled proposals for significant changes to the individual tax code. The tax changes are to be substantial, and to include corporate, individual and capital gains tax rate increases,…
5 Taxes in Retirement You Need to Know About
Uncle Sam doesn’t let you off the financial hook once you reach retirement. Fortunately, you can create a retirement plan that minimizes your taxes once you understand where and when…