Tax Planning

The 2018 tax year saw major tax changes enacted, including the restriction and/or elimination of some itemized deductions.  This article discusses the donor-advised fund and how it can be used to continue receiving tax deductions for charitable gifts.

With many parents struggling to help finance their children’s schooling, the 529 plan remains one of the best options when it comes to saving for college.  This article provides an introduction to 529 plans and explains how they can be utilized to help achieve your family’s educational goals.

The tax bill (aka Tax Cuts and Jobs Act) compromise version, where the House and Senate agree, has been finalized.  As a result of this new law, there are three actions taxpayers should consider before December 31st.

The House passed the Tax Cuts and Jobs Act. This post summarizes the key changes and how they may affect your personal taxes.

By now, almost everyone should have received the necessary forms to file their tax returns. Is there anything else you can do keep some of the money you earned from going to Uncle Sam?  Let’s explore a few ideas that may help you save on your 2016 taxes, even though it is now 2017.

Tax diversification is an important consideration for those saving for retirement.  With proper planning, Roth IRAs may be able to provide you with future tax-free income.