Tax-Loss Harvesting – Rules and Examples of a Year-Round Strategy
Tax-loss harvesting can be a powerful strategy to reduce taxes and defer them. You can hear more about how to do tax-loss harvesting, the benefits, …
Taxes
Qualified Charitable Distributions (QCDs) – Tax-Efficient Charitable Giving
Qualified charitable distributions (QCDs) are a powerful giving tool to potentially help reduce your adjusted gross income and the amount of tax you pay. For …
Widow Brain: What To Expect After Your Spouse Dies & 9 Ideas to Help
Losing a spouse is a life changing experience and the widow brain that follows can be challenging and frustrating. Let’s talk about what you may …
Capital Gains vs. Ordinary Income – The Differences + 3 Tax Planning Strategies
Our tax system is complex. Can long-term capital gains push you into a higher ordinary income tax bracket? How do you recognize long-term capital gains …
Gifting Money to Family Members: 5 Strategies to Understand
A common question I hear is around gifting money to family members. What’s the best way to do it? How do I report it? Do …
Roth Conversion: Is It Right For You?
To do a Roth conversion or not? That is the question. Many people are taught to defer taxes as long as possible. Unfortunately, some people …
Donor-Advised Funds: How to Use to Reduce Taxes and Give to Charity
Donor-advised funds are one of my favorite charitable giving and financial planning tools! Tired of saving charitable receipts and tracking donations? Ever wondered about how …
2021 Year-End Tax Planning Checklist – 7 Important Steps to Follow
Where did the year go? With only a few weeks left of the year, I talk about a 7 step year-end tax planning checklist. Whether …