Tax Loss Harvesting
2020 has presented us with many challenges, but also some opportunities. A disciplined adherence to a good plan can pay long-term dividends at times like this that “try men’s souls.”[i] In case you missed it, earlier this year when Covid-19 hit, we experienced a...
Year-end Tax Planning Tips
2020 has certainly been an eventful year, so it’s likely that income taxes have not been at the top of your mind. But there is still time before year end to complete some simple strategies that have the potential to save you big bucks on your 2020 tax bill. Required...
Tax Strategy – Roth Conversion
Investors often focus on the daily moves of the market, economic predictions, or the S&P 500’s performance when they think about their investment returns. These are things an individual investor cannot control, yet we spend so much time worrying about them! While...
Is 2020 the Year to Gift Big?
With a new President taking office in January, many people are wondering about potential changes to the lifetime exemption amount for gift and estate taxes. In 2018, the Tax Cuts and Jobs Act (TCJA) doubled the lifetime gift, estate, and generation-skipping tax...
‘Tis the Season for Charitable Giving
The CARES Act passed in March gave new tax incentives to encourage charitable giving in 2020. There are a few tax strategies you can take advantage of this year to help maximize your giving while minimizing your taxes. New Deduction Limits for Cash Gifts The CARES Act...
Our Investment Committee Answers Your Questions – Part 3
In the latest installment of our Investment Committee video series, we respond to a client question about portfolio construction: Are your portfolios more customized to each client or standard cookie-cutter? This is great question that many investors may be...
Countdown to the end of 2020: Gift & Estate Planning
2020 is quickly coming to an end. While most of us are eagerly awaiting the new year and hoping 2021 is much brighter than 2020, there are some estate planning and gifting considerations to review before year-end. Annual Gifts For 2020, you may gift up to $15,000 to...
Closer than they thought
Well, wasn’t that special?[i] I have to confess I went to bed early on election night. Between the pandemic and this election, I have a serious case of fatigue going on. But this morning, before dawn, I got what some might consider good news. While results were...
Coming down to the wire
One more week until Election Day. After all we have been through this year, some of us are feeling kind of tired. What should we be thinking about? Are there things we ought to be considering related to the potential outcomes (e.g., changes in tax policy)? What are...
Retirement Success and Your 401(k)
For National Retirement Security Month, we checked in with our advisors for their best advice on reaching retirement savings goals. Their top tips boil down to a couple of simple yet often overlooked actions for employees and employers: Deferral rates Most people...
