Recently, the federal estate tax has been popping up in headlines. While not usually subject to such buzz, the federal estate tax can have important implications for many Americans. Did you know that there are proposed changes that would significantly reduce the federal estate Continue reading
Tag: taxes
Retirement Tips If the Capital Gains Tax Changes
An important part of responsible retirement planning is taking into consideration the impact taxation may have on your retirement resources. Without proper planning, taxes can eat up a big chunk of retirement savings you may have been counting on to support yourself through your Continue reading
Estate Planning Tips When You Near the Tax Limits
Did you know that the estate tax exemption, currently set at $11.7 million for singles and $23.4 million for married couples, is set to expire in 2026? The current administration, however, has signaled a desire to reduce the exemption, though no one knows exactly when that might Continue reading
Two Potential Tax Changes That Could Impact Your Estate Planning
Now that President Biden has been formally inaugurated as the President of the United States and the Democrats have control of the House and the Senate, have you considered the impact that a new tax plan may have on your estate plans? There may be two potential tax changes that Continue reading