Tax Strategies for Year End – So Even Louie the Loser can Win!
With the end of the year rapidly approaching, there are many clients who are asking what they should be doing now to save on taxes before time runs out and we enter 2019. Even with the markets currently down for many stock indices, some clients may end up paying capital gains taxes on long term […]
It’s Good to be the Banker
Even when Not Playing Monopoly Thinking more like a banker can provide us many benefits from a tax re-positioning perspective and a loaning vs borrowing / cash flow perspective. Not too long ago, I and a client were interviewed by a reporter at Forbes about the benefits of making serial conversions to Roth IRAs over […]
Never Buy This in December
It seems that every year in December we get a multitude of calls from clients regarding a pretty common occurrence for certain types of investments.This month, most pooled investments pay out their capital gains to shareholders and the value of the associated account falls for a few days until the money is reinvested or paid […]
How to Avoid the Mutual Fund Tax Trap
It seems that every year in December we get a multitude of calls from clients regarding a pretty common occurrence for mutual funds, but nonetheless an often misunderstood one. December is the time of year when most mutual funds pay out their capital gains to shareholders. While generally speaking, a capital gain means an investor […]
How To Get The Best Answers
The Key is Starting with Great Questions When you read something particularly good, it’s hard not to want to share with everyone. Many ideas are original but sometimes other ideas are just too good not to share. Ben Carlson wrote a particularly good blog last month that I felt I should share with everyone and […]
Is a “Back Door” Roth IRA Right for You?
Have you ever known something was right for you and been told you couldn’t have it? It can be pretty frustrating. Many high-income earners, who would like to contribute directly to Roth accounts, cannot do so because of IRS income limits. However, that doesn’t mean it’s impossible for high-earners to reap the benefits associated with […]
7 Reasons for Roth IRAs: Why Not Now?
It’s almost tax time. During April, many people take advantage of the opportunity to reduce taxes by funding a Traditional IRA. While that makes sense for some Americans, others may benefit by contributing to a Roth IRA that offers no immediate tax break, but has other tax advantages, such as tax-free growth potential and tax-free […]
The Road to a Tax Free Retirement
I was recently quoted in an article that was published in Forbes on how we have worked with one of our clients to reduce Social Security taxes and eliminate his need to take required minimum distributions. To go to the Forbes site to see the article, click here. The Road To A Tax-Free Retirement Ashlea Ebeling […]
The Charitable Spirit – Not Just for the Holidays
A lot has changed in the past few years. Angry Birds became a national pastime. Tennessee fans are starting to fill football stadiums once again . China surpassed the United States to become the world’s largest economy. Innovative technologies disrupted whole industries. One thing hasn’t changed, though, and that is Americans’ generosity, especially when it comes […]
