It’s hard to escape talk about the upcoming presidential election cycle in the US, especially if you live in a swing state. While there are many differences between the candidates, one that I’m discussing more often than not with clients is income tax policy. It’s understandable – income taxes can have a material impact on […]

Inflation has been a headwind for many of us in many areas of our lives over the past few years. One way it has helped us (perhaps without us even noticing) is its impact on income taxes. I explained this dynamic to a client earlier this week and thought it was worth pointing out here […]

Taxes – everyone’s favorite subject! I’ve been working with several clients in the past month to process Required Minimum Distributions. As those amounts are taxable, as part of that process, I consult with their tax advisors to run a quick tax estimate and calculate the appropriate withholding amount. As I’ve worked thru this process, it […]

When you think of this time of year and harvesting, your mind may go to crops and farming. But don’t forget about harvesting investment losses as well. This topic came up with a client recently who asked for a reminder on why it can be a useful strategy, especially in a down year such as […]

Some problems are definitely better than others. A recent client question about possible ways to circumvent a material gain in a taxable account is certainly a nice problem to have – but one that still deserves some discussion. Investment Taxation Basics Let’s start with an overview of taxation of investments. If you are buying and […]