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Update your Tax Strategies

Now is the Time to Update your Tax Strategies By Yvonne Marsh, CFP®, CPA Updating financial and tax strategies is always a good idea, but with the implementation of the Tax Cuts and Jobs Act in 2018, it is essential this year. The biggest change for all taxpayers is the increased standard deduction [...]

2018-02-14T18:47:15+00:00 January 4th, 2018|Tax|

Rev Up Your Charitable Giving & Tax Savings with These Easy Tax Tips

This is the time of year when thoughts turn to helping others in need, whether with monetary donations, volunteer time, or charitable legacy planning. While you are making your charitable giving plans, consider these tips to maximize the tax benefit of your good deeds: • Rather than donating cash to your favorite charity, donate appreciated [...]

2017-04-10T14:24:34+00:00 November 10th, 2016|Tax|

Top IRA & 401(k) Mistakes

We can all learn from other’s mistakes.  And in the world of complicated IRA taxation, it’s not hard to make one.  Know that IRA’s and 401k’s are fully taxable to your heirs. And while a well-laid plan lets your heirs pay that tax a little at a time, a poorly designed plan could end up [...]

2016-01-26T04:06:30+00:00 January 7th, 2016|Investments, Retirement Planning, Tax|