Personal Finance
How RSUs Work: A Complete Guide to Avoiding Costly Mistakes
Discover how restricted stock units (RSUs) work, the tax implications, and strategies to make the most of them. Learn how to avoid common mistakes and optimize your financial plan.
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Tax
Vacation Home Tax Deductions
Are you making the most of your vacation home tax deductions? Whether you’re using your vacation property for personal use, as a rental, or both, understanding IRS rules can help you save. Learn how to maximize deductions on mortgage interest, property taxes, and rental income with key insights into the 14-day rule, passive activity loss limits, and family rental guidelines. Discover how to turn your vacation home into a smart financial investment while staying compliant with IRS regulations.
Read the articleAvoiding Common Investment Income Tax Mistakes in Retirement
Learn how to avoid costly investment income tax mistakes in retirement. Discover why asset location strategies might not be as beneficial as they seem and how to optimize your tax strategy for long-term growth.
Read the articleMaximizing Health Insurance Subsidies and Tax Efficiency Before Medicare
Discover how Mary effectively managed health insurance subsidies and tax strategies before Medicare. Learn how capital gain harvesting impacts health insurance subsidies and find tips for maximizing savings.
Read the articleHow to Achieve $100,000 in Tax-Free Income
Discover how strategic tax planning can help you achieve $100,000 in tax-free income during retirement. This detailed case study of a theoretical couple, David and Lisa, explores effective strategies including Social Security benefits, dividends, IRA withdrawals, and brokerage account distributions to minimize taxes and maximize retirement income.
Read the articleNavigating A Defined Benefit Pension Plan’s End State
Explore the critical steps and considerations for transitioning a Defined Benefit (DB) Pension Plan to its end state. Learn about de-risking strategies, liability settlements, regulatory compliance, and best practices to secure the plan's future while minimizing financial risks.
Read the articleLeveraging GRATs for Strategic Wealth Transfer
Discover how Grantor Retained Annuity Trusts (GRATs) can be a powerful tool in tax-efficient wealth transfer planning. Learn about the benefits, risks, and strategies for maximizing estate planning through GRATs to minimize gift and estate tax liabilities while preserving your wealth for future generations.
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Estate & Trust
Tax Impact of Revenue Ruling 2023-2
How Revenue Ruling 2023-2 Affects Defective Grantor Trusts and Basis Step-Up
Read the articleMaximizing Your Social Security Benefits
Learn four key strategies to maximize your Social Security benefits. Understand how Social Security works, including spousal and survivor benefits, to increase your retirement income.
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Business
2023 Corporate Tax Calendar
Essential Dates and Deadlines for Businesses: Navigating the corporate tax landscape can be daunting, especially for business owners already juggling multiple responsibilities.
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