A client asked a great question this week about an often-overlooked strategy to utilize tax-deferred IRA funds to make donations directly to charity. Let’s take a closer look at this strategy and determine when it may make sense for you to consider it as well. What is a Qualified Charitable Distribution (QCD)? A QCD is […]

If there was ever a risk of me forgetting tax day, I have a feeling it would be mitigated by the numerous client questions I inevitably receive in the few weeks leading up to the important date! I thought I’d cover a few of them here as tax day approaches. When do you think I’ll […]

I’ve been hearing from a few clients this week asking when they will receive their 1099s from Schwab (the custodian we work with at Windermere). With tax season in full swing, I thought these reminders may be helpful for a wider audience What is a 1099? A 1099 is a tax form that reports non-employment […]

When it comes to income taxes, there is no shortage of rules, acronyms, and best practices. One such “tax term” came up this week as I worked thru a retirement plan distribution for a client. Find out what “safe harbor” means in terms of estimated income tax payments and why it’s a strategy you should […]

If you are a procrastinator when it comes filing your income tax return, rest assured you are not alone. The IRS reported that it had received 90 million tax returns as of March 30th (of an estimated 168 million) so clearly, a lot of returns will be coming in under the wire! I’ve heard from […]

Tis the season – time to get everything together for your 2022 tax return! Whether you prepare your own taxes or work with a tax advisor, the hardest part for many can be the gathering of the information and records. I’ve been helping a few clients make strides in this area in recent weeks. I […]