tax planning

Blog categorized as tax planning

IRS Changes Inheritance Rules: Protecting Your Legacy

08.09.23 08:54 PM By Saheed Adeleke - Comment(s)
IRS Changes Inheritance Rules: Protecting Your Legacy

The IRS recently updated some rules about trusts that could make your heirs accidentally liable for capital gains taxes.

It's another quiet change that could severely impact families trying to maximize their legacies.

What Changed Under the New IRS Rules?

Under New IRS Rules, assets inside irrev...

Organization Tips to Help Take Time off Taxes

19.04.23 08:19 PM By Saheed Adeleke - Comment(s)
Organization Tips to Help Take Time off Taxes

It’s tax season! And though it comes at the same time each year, many Americans still file for tax extensions. Whether you choose to work with a tax professional or file on your own, staying organized can help you meet the April 15th deadline.

Here are some ideas to help you stay on track and ...

5 Year-End Tax Planning Opportunities

07.02.23 09:02 PM By Saheed Adeleke - Comment(s)
5 Year-End Tax Planning Opportunities

While following a solid tax planning strategy throughout the year is integral to your overall financial plan, some special considerations may maximize your refund or reduce overall tax liability.

Let’s look at some of the tax-saving strategies you could be taking advantage of.

Maximize Retirement Cont...