18 Sep Home Energy Tax Credits
A couple of federal personal tax credits are available for the installation of certain energy efficient or clean energy property in your home. The energy efficient home improvement credit is...
financial planner Tag
10 Jul Three Stretch IRA Alternatives
The passage of the SECURE Act in 2019 effectively eliminated the stretch IRA, an estate planning strategy that allowed an inherited IRA to continue growing tax deferred, potentially for decades....
04 Jul Donor-Advised Funds Combine Charitable Impact with Tax Benefits
A donor-advised fund (DAF) is a charitable account offered by sponsors such as financial institutions, community foundations, universities, and fraternal or religious organizations. Donors who itemize deductions on their federal...
04 Jul How Taxes Impact Your Retirement-Income Strategy
Retirees face several unique challenges when managing their income, particularly when it comes to taxes. From understanding how taxes relate to Social Security and Medicare to determining when to tap...
22 Jun Diversifying with Market Caps
The U.S. stock market struggled in 2022, with the S&P 500 index ending the year down more than 19.4%.1 The S&P 500, which includes stocks of large U.S. companies, is generally...
22 Jun Remote Workers Trade Commutes for Rest
According to a detailed analysis of the American Time Use Survey, individuals who worked at home in 2020 instead of commuting to an office collectively saved 60 million hours each...
10 Jun Debt Optimization Strategies
To help improve your financial situation, you might consider reducing your debt. Before starting any debt payoff strategy (or combination of strategies), be sure you understand the terms of your...
08 Jun Protecting Your Business Against the Loss of a Key Person
Have you thought about how your business would be impacted by the death or disability of you (the owner) or another key employee? It's important that you create a plan...