Tax Planning

Tax planning includes strategies and discussion of different methods to either minimize or defer your tax burden.

Will the Inflation Reduction Act Reduce Inflation?  How to Take Advantage of the New Law

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The Inflation Reduction Act (IRA) just passed in both the House and Senate and is expected to reach President Biden’s desk for final ratification this week.  The description of the bill from the democrats in the Senate is: “The Inflation Reduction Act of 2022 will make a historic down payment on deficit reduction to fight …

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Reduce Your Tax Burden With “Asset Location” Strategies

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Asset “location,” or managing one’s investments within the context of how different types of investments are taxed, is a fairly simple and underutilized strategy to lower your tax bill.  The reason why asset location exists is because different types of investments are taxed differently. For instance: Long-term stock investments are taxed at favorable capital gains …

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