Ways to Reduce Your Tax Liability

February 15, 2024

Want to pay less taxes? If given a way to legally reduce tax liability, most Americans would welcome that opportunity with open arms. But methods for doing so aren’t always obvious—and may be tricky in certain circumstances. Read More...

Your List of 12 Tax Reduction Strategies concept depicts US Tax forms with piggybank

Smart List of 12 Tax Reduction Strategies

June 8, 2023

Minimizing your potential income taxes requires a regular review of your financial picture and the current tax reduction strategies available to you. Read More...

Transfer of Value Rule Concept Depicts hands of two people discussing contract.

Q&A Understanding the Transfer-for-Value Rule

April 10, 2023

Presented by Kris Maksimovich, AIF®, CRPC®, CPFA®, CRC®: In general, life insurance death benefits are exempt from taxation. If, however, you Read More...

Common Tax Traps Involving Life Insurance photo of man in box, holding oar, in a sea of papers.

Common Life Insurance Policy Tax Traps

January 17, 2023

Presented by Ben Murphy, CPA, PFS™, CPFA® : Life insurance delivers cash to beneficiaries when it’s needed most. Plus, if the policy is properly Read More...

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10 Rules of Thumb for Trust Income Taxation

August 28, 2022

Presented by Kris Maksimovich, AIF®, CRPC®, CPFA®, CRC®: Rule 1: When in doubt, refer to the trust document; an investment policy for a trust Read More...

Introduction to SEPP Distributions, also known as 72(t) distributions shows man putting money puzzle together.

Introduction to IRA SEPP Distributions

August 8, 2022

Premature distributions from IRAs taken prior to age 59 ½ are generally subject to a 10 percent penalty. The purpose of this penalty is to prevent Read More...