by Lauren | Sep 20, 2021 | Business Owners, Tax Planning
The 2021 Democratic tax proposal that just came out of the House Ways and Means committee has a number of surprises in it but mostly sticks to a theme “tax high income earners and the uber-wealthy.” While the proposal is not law, there are some planning issues you...
by Lauren | Mar 13, 2021 | Tax Planning, Working Women
Photo credit: Laura Stanley via Pexels The American Rescue Plan was signed into law last week, and you may be wondering what provisions apply to you. We will be covering the third round of stimulus checks, the Child Tax Credit, Dependent Care FSAs, a change to...
by Lauren | Aug 5, 2020 | Business Owners, Charitable Planning, Investing, Tax Planning
Many people are interested in donating to causes that matter to them right now. If you are donating a significant amount to a charity you may want to consider donating appreciated stock, mutual funds, or ETFs instead of cash. Why gift away your capital gain? Unlike...
by Lauren | Apr 30, 2020 | Business Owners, Planning Process, Retirement Planning, Tax Planning, Working Women
What is a backdoor Roth IRA and who can benefit from one? If you earn too much money, you are not eligible to make a full Roth IRA contribution directly to a Roth IRA (over. However, there is a way around this. Some crafty accountants and financial advisors designed...
by Lauren | Mar 24, 2020 | Business Owners, Tax Planning
As a business owner, you’re always busy. It’s easy to focus on putting out fires instead of working on your business. Unfortunately, not knowing your numbers is probably costing you a lot of money. A well-run business is both more profitable in the short...
by Lauren | Dec 31, 2019 | Estate Planning, Retirement Planning, Tax Planning
The end of the year is always a good time to check in on your financial and estate plans, but Congress has given you an extra incentive to do so this year. Congress recently passed the SECURE Act, who’s proponents are hailing it as one of the biggest changes to our...
