Sometimes when you’re accumulating wealth, your portfolio could become tied to one or more specific assets. When that happens, you’ll have what’s known as a concentrated position. In this post,…
Category: Taxes
The History of Taxation in the US
As the actor and comedian Will Rogers once said, “The difference between death and taxes is death doesn’t get worse every time Congress meets.” If you’ve ever been curious about…
How are Investments Taxed (and How Can I Minimize Them)?
While many people tend to focus on how much money their investments will produce for them, it can be equally as important to understand how the IRS will tax this…
Income Tax Strategies in Retirement
With Thanksgiving around the corner, I am thankful we have some light at the end of the tunnel. Pfizer, Moderna, and now AstraZeneca have announced that preliminary data show that…
Top 5 Tips to Minimize Taxes on Investments During Retirement
At this time of year, it is important to review where you stand from a tax perspective to see if there are any opportunities to benefit your overall tax picture.…
Impact Multiple Generations with a Tax-Efficient Education Fund Strategy
This week’s key takeaways: How investing in education can help build and protect family wealth529 Plan Advantages529 Plan Pitfalls Two weeks ago, I wrote about the changing landscape of education…