The OBBBA tax bill introduced multiple changes that affect high-income and high-net-worth households. While many of the headlines focused on a few specific provisions, the real impact of the bill depends on how its pieces interact with your income, deductions, and planning decisions.
We see again and again that the biggest opportunities for improving a client’s tax outcome come from timing, coordination, and intentional decisions throughout the year
To minimize the impact of the "SALT Torpedo" high income earners should analyze the attractiveness of deferred income plans, pre-tax 401(k) contributions over Roth 401(k) contributions, and charitable bunching of donations.
Bonus depreciation is back! Our article touches on the OBBBA restoration of bonus depreciation, what qualifies, and how investors can use it to save on taxes and improve cash flow.
A look at how the 2022 year-end Omnibus bill affects your taxes and retirement.
There are many benefits to hiring a wealth manager to handle your finances. You can develop a financial plan for your retirement, investments, and other important decisions. You can establish a risk management plan. Because a net worth advisor works with high-net-worth individuals, their abilities as wealth managers go beyond financial advising, giving you the capability to strategize your wealth-building. In this blog we’re going to discuss wealth managers and why you might consider hiring one for your financial planning and investments.