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Posts — Category: Tax Planning
How to Minimize Estate Taxes: 9 Strategies to Protect Your Wealth for Future Generations
Curious about how to minimize capital gains tax on real estate? We’ve got you covered. This article walks you through practical strategies to reduce your tax burden when selling property. Be sure to get
Oct, 28 2024
How to Handle The Estate Tax Exemption, Which Ends in 2025
The big tax break you might have been counting on is shrinking in 2025. This break called the estate tax exemption, lets you leave a certain amount of money to your
Oct, 21 2024
Retirement Funds Alert: Gen Xers and the Path to Penalty-Free Withdrawals
As Generation X approaches key age milestones, many are discovering that they can access their retirement funds without incurring penalties. At ages 59 1⁄2 for traditional IRAs and 55 for
Jul, 25 2024
Navigating Healthcare Costs and Taxes in Retirement
“Retirement is not a life without purpose; it is the ongoing purpose that provides a meaningful life.” -Robert Rivers Concerned about health care costs in retirement? A 65-year-old couple might
Jul, 24 2024
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Withdrawal Tactics for Tax-Efficient Retirement
“Don’t simply retire from something; have something to retire to.” -Harry Emerson Fosdick Are you approaching retirement and wondering how to keep more of your hard-earned money? Tax-efficient withdrawal strategies
Jul, 19 2024
IRS Tax Rate Schedules: What Are They & How Do They Affect Your Retirement?
“Retirement is wonderful if you have two essentials – much to live on and much to live for.” -Unknown What do tax brackets have to do with retirement? If you
Jul, 15 2024
How The Rich Slash Their Alternative Minimum Tax (AMT) Payments
“Wealth is not about having a lot of money; it’s about having a lot of options.” -Chris Rock How to minimize AMT payments? If you have never thought about this
Jul, 03 2024
The Impact of Inflation on Retirees
Inflation is a pressing issue for all U.S. citizens, but retirees are more likely to bear the brunt. With Biden’s proposed tax hikes for the 2024 fiscal year, the financial
Jun, 13 2024