Understanding potential, post-election tax law changes can help you decide whether Roth conversions are right for you, and in what amount.
Paying as You Go: Why You Might Need to Pay Estimated Taxes
To appease the Internal Revenue Service (IRS), there are two ways to pay your taxes as you go: withholding and estimated tax payments.
Minimizing Medicare Premium Surcharges
Medicare premiums can include surcharges related to your income. How are surcharges calculated and how can you minimize or avoid them?
Can Your Pass-Through Entity Business Save Taxes?
The states that have pass-through entity (PTE taxes) have given taxpayers a new option for who pays the state income tax liability.
Mega Backdoor Roth Lives on, but Act Quickly
Mega Backdoor Roth, the ability to convert after-tax IRA or 401(k) dollars to Roth IRA or 401(k)s, may end soon. Acting fast may be vital.
Mega Backdoor Roth 401(k)
What is a mega backdoor Roth? What are the benefits and risks? Will it help increase retirement savings? What about tax-free savings growth?
2020 Presidential Election: Biden’s Tax Proposal
I look at the Biden tax proposal and what that may mean for your taxes. Is there something you can do to prepare?