What’s New(s)? with Seth: September 2021

By |2021-09-23T16:45:38+00:00September 23rd, 2021|Categories: Single Point of View, Tax Planning, What's New(s)?|

Seth is back with another installment of “What’s New(s)?”  highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun.  The house panel pushed through a revised tax proposal on 9/13/21.  While there will most certainly be [...]

Comments Off on What’s New(s)? with Seth: September 2021

Child Tax Credit: What is it and Should I be taking it?

By |2021-09-16T18:37:57+00:00September 16th, 2021|Categories: Single Point of View, Tax Planning|

If you have kids who are dependents on your tax return, you may be wondering why you started receiving checks in the mail (or direct deposits to your bank) from the IRS in July. Earlier this summer, close to 39 million families started receiving advanced monthly child tax credit payments. With these payments came a [...]

Comments Off on Child Tax Credit: What is it and Should I be taking it?

What’s New(s) with Seth? June 2021

By |2021-06-24T13:35:46+00:00June 24th, 2021|Categories: Investment Planning, Single Point of View, Tax Planning, What's New(s)?|Tags: , , |

Seth is back with another installment of “What’s New(s)?”  highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun.  The passive investing behemoth Vanguard is going to begin offering private equity investments for self-directed clients that [...]

Comments Off on What’s New(s) with Seth? June 2021

A mistake on your tax return, now what?

By |2021-05-28T17:29:58+00:00May 28th, 2021|Categories: Behind The Curtain, Single Point of View, Tax Planning|Tags: |

I'd say Seth's expression here pretty much sums it up.  :) It's been a little while since our last Behind The Curtain video.  Today, Seth and I were chatting about how we approach clients when we notice a mistake on their tax return.

Comments Off on A mistake on your tax return, now what?

What’s New(s)? with Seth: May 2021

By |2021-05-12T17:04:01+00:00May 12th, 2021|Categories: General Planning, Single Point of View, Tax Planning, What's New(s)?|

Seth is back with another installment of "What's New(s)?"  highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun.  President Biden proposed The American Families Plan which has some major income and estate tax implications.  [...]

Comments Off on What’s New(s)? with Seth: May 2021

What’s New(s)? with Seth: April 2021

By |2021-04-07T13:57:32+00:00April 7th, 2021|Categories: Estate Planning, General Planning, Tax Planning, What's New(s)?|Tags: , , |

One quality we've noticed a lot of our clients share is a great curiosity.  We're often asked about what we are seeing, reading and paying attention to. So, our own Seth Corkin has started collecting the most interesting articles he's coming across to share them with you in his new blog series, "What's New(s)?".  Seth [...]

Comments Off on What’s New(s)? with Seth: April 2021

Be Aware of Capital Gain Distributions

By |2020-12-11T15:07:58+00:00December 11th, 2020|Categories: Investment Planning, Single Point of View, Tax Planning|Tags: , |

Do you own mutual funds in a taxable investment account? If so, you should be aware of year-end Capital Gain Distributions. December (year-end planning season!) truly is the most wonderful time of the year (for nerdy financial planners.) Bottom line (if you don't want to watch the video): you should compare tax cost of holding [...]

Comments Off on Be Aware of Capital Gain Distributions

When is the right time to sell my company stock?

By |2020-12-03T20:31:20+00:00December 3rd, 2020|Categories: Behind The Curtain, Investment Planning, Tax Planning|Tags: , |

The "right" time to sell an individual stock is one of the tougher financial decisions we see people struggle with.  This can be especially tricky when it is your company stock and you feel more connected to it.  But as these positions grow (specifically if part of your compensation is via additional stock), a single [...]

Comments Off on When is the right time to sell my company stock?

The Election & Your Estate

By |2020-10-22T20:30:54+00:00October 22nd, 2020|Categories: Estate Planning, Single Point of View, Tax Planning|Tags: , |

For part 3 of our series on the impact of the election on your finances, let's tackle the potential impact on estate taxes and the planning you can consider. Right now, the Federal estate exemption is as high as it’s ever been ($11.58MM per person!) with the exception of 2010 where the estate tax was [...]

Comments Off on The Election & Your Estate

The Election & Your Taxes

By |2020-10-09T20:26:36+00:00October 9th, 2020|Categories: Single Point of View, Tax Planning|Tags: , , |

This week in our continuing series on the impact of the election we tackle income taxes.  If you missed last week on investments you can check it out here. Below is a chart showing the top marginal tax brackets since 1913.  What stands out (beyond the fact that the top marginal tax bracket in the [...]

Comments Off on The Election & Your Taxes