Oct 24, 2019 | Financial Planning, Taxes
It might seem counterintuitive but owning an investment with a loss can be beneficial – at least from a tax perspective. To illustrate, consider the mentality of car ownership for those of us who aren’t “car people.” That is, we don’t care much about make, model, or...
Jun 21, 2019 | Financial Planning, Taxes
For many retirees, taxes comprise one of the largest expenses they face after they stop working. Managing your tax situation and using a tax efficient withdrawal strategy is important to maximizing your investment portfolio. A key component to this is having money in...
Jun 6, 2019 | Financial Planning, Taxes
As you know, diversification is important when it comes to asset allocation and investing. What you may not have heard is how equally important diversification is in tax location, especially when it comes to retirement income planning. Many retirees find themselves in...
May 23, 2019 | Financial Planning, Taxes
One of the many details buried within the 2017 Tax Cuts and Jobs act is the establishment of Qualified Opportunity Zones (QOZ). Below, we explore the details and potential tax benefits of QOZs. What is a Qualified Opportunity Zone? QOZs are economically distressed...
