What are tax credits? A tax credit is a dollar-for-dollar reduction of your tax liability. After you’ve calculated your federal taxable income and computed the tax on it, you can subtract any income tax credits that may apply to arrive at the amount of tax you must pay or the refund you’ll receive. What’s the […]


March 28, 2023

Understanding Tax Credits


Tax-free rollovers from 529 accounts to Roth IRAs. After 2023, the Act permits beneficiaries of 529 college savings accounts to make up to $35,000 of direct trustee-to-trustee rollovers from a 529 account to their Roth IRA without tax or penalty. The 529 account must have been open for more than 15 years, and the rollover […]

Secure 2.0

February 15, 2023

SECURE 2.0 Act: Provisions Benefiting Individuals


Real estate as an investment can be a way to diversify a portfolio and potentially serve as a hedge against inflation. Returns typically are derived from capital gains, tax credits, and/or rental and lease income.  There are many ways to invest in real estate. Direct investment typically involves the purchase, improvement, and/or rental of land […]

Real Estate Investment

January 21, 2023

Introduction to Real Estate Investments


reading time 7 minutes 15 seconds At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses or the financial challenges of young adulthood while simultaneously looking after the needs of […]

Caring for Your Aging Parents

December 27, 2022

Tips for the Sandwich Generation


Estimated Read Time: 4 minutes You may have a very idealistic vision of retirement — doing all the things you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit you get from Uncle Sam may not provide enough […]

Retirement Planning

November 21, 2022

Retirement Planning: The Basics


Estimated Read Time: 4 minutes The window of opportunity for many tax-saving opportunities closes on December 31, so it’s important to evaluate your tax situation now, while there’s still time to affect your bottom line for the 2022 tax year. In this blog, we will be breaking down the most important points to consider during […]

Year-End Planning

November 4, 2022

How to Breakdown Year-End Tax Planning


Estimated Read Time: 6 minutes Employer-sponsored qualified retirement plans, such as 401(k)s, are some of the most powerful retirement savings tools available. They offer a convenient way to start planning for retirement and many employers offer a ‘match contribution’. Whenever possible, I encourage you to contribute the maximum amount allowed to your retirement plan, however, […]

Employer Benefits

October 21, 2022

Taking Full Advantage of Employer-Sponsored Retirement Plans