Year-end planning review checklist
A year-end review provides an opportunity for taxpayers to see if action is needed on their portfolios and strategies.
Category: Taxes
Webinar: Tax outlook and year-end planning
As year-end approaches, Join Bill Cass and Chris Hennessey for a discussion of the impact of the elections, the outlook for the tax landscape and planning ideas. The webinar will be held November 17, 2022 (1 p.m. ET). Highlights of the discussion include: Recap of the mid-term elections and impact on policy Prospects for the
Year-end planning ideas to lighten the tax burden
As year-end approaches, taxpayers may consider strategies to try to hedge the risk of higher taxes and mitigate the tax burden.
Estimating your tax bracket can guide tax planning
Taxpayers may want to estimate income for this year to determine their marginal income tax bracket.
The impact of inflation on planning
In addition to the erosion of purchasing power, rising inflation can have a profound impact on financial planning.
Three ways the Inflation Reduction Act may impact health care
The Inflation Reduction Act may impact health care costs for Medicare recipients including price reductions on certain medications.
Tax and spending bill scaled down to pass Senate
Following months of negotiations, Democratic leadership in the Senate announced last week they reached a deal on a tax and spending bill.
Understanding gifting rules before the sunset
When the TCJA expires in 2025, the lifetime exclusion amount for gifting will be reduced, impacting gifting rules and decisions being made today.
Deficit projections could signal higher taxes
The federal government recently released a report on the nation’s finances, including longer-term projections for a rising deficit, which could mean higher taxes in the future. On a positive note, the Congressional Budget Office (CBO) report reflects a current decrease in the annual budget deficit for the last fiscal year. The easing of the deficit
Six planning strategies for a down market
It can be difficult to navigate a down market, investors may be able to take advantage of tactical planning opportunities.