Income splitting is a tax reduction strategy employed by couples or families to redistribute income among family members, reducing their overall tax liability and optimizing retirement planning. In some cases,…
A well-conceived charitable giving strategy can help individuals with philanthropic desires maximize their giving capacity by targeting specific tax breaks offered through the tax code. A charitable trust is a…
Navigating the divorce process is one of life’s most difficult chapters, incurring both an emotional and financial toll. It’s common to have dozens of questions, and we’ve written this article…
Trusts play a critical role in estate and retirement planning by making it easier to pass down assets, minimizing your tax burden, and offering more control over the entire process.…
With the recent election, you may have sent money to support your candidate or cause of choice. With tax season now upon us, you may wonder if political donations are…
Losing a loved one is an emotional and challenging time, often accompanied by the daunting task of managing their affairs. This checklist is designed to guide loved ones or executors…
If you’re a high-income earner, the IRS may try to prevent you from using a cornerstone retirement vehicle: the Roth IRA. Luckily, there are at least four alternative strategies for…
