Plan Early For Next Year’s Tax Changes

Big tax changes might be coming in 2017. Here are some tips for things educated investors can do to prepare for what’s to come.

Watching The Tax Proposal Duel Unfold

When Susan Roman and I sit down with folks to help them design their retirement system, we usually discuss whether it makes sense to use investment vehicles that result in growth or income on which taxes are paid currently, or whether we kick the can down the street and pay taxes later. A question we […]

The Journey Of Your Tax Refund

Once again, we find ourselves approaching tax time. That time when we are either excited to get back some of our hard-earned money, or disappointed to see that we owe even more than we’ve already paid. As we do our taxes, most of us have our eye on that one number, either the amount we […]

All IRAs Are Not Created Equal

If you have ever driven past our office on Teaticket Highway, you may be surprised to hear that four of us work in that small space. We do well with our tight quarters; we manage to work together without getting in each other’s way very often. Part of what makes it work is that we […]

The Most Wonderful Tax Advantages of the Year

While all three of my girls love this time of year, it is my Phoebe who truly exudes the Christmas spirit. Every year after Thanksgiving, Phoebe decorates her room with lights, ornaments, stuffed Santas, holly, mistletoe . . . it’s like walking into a winter wonderland. In fact, this year Phoebe has a big handmade […]

Capital Gains Taxes On A Loss? How?

As most of you know, we teach a retirement course at Cape Cod Community College. In the class, we teach folks how to build a retirement system. Part of the class is designed to help folks understand the impact of capital gains taxes on that system.   At our last class, I was explaining the […]

Hitting ‘Undo’ On A Roth Conversion

Over the past three years, we have discussed Roth IRAs a few times. We have reviewed what it means to have one, what the rules are that pertain to them, the implications of converting traditional IRAs to Roth IRAs and the possibility of re-characterizing those conversions. In light of the recent market volatility, I thought […]

Your 1099-B and Your Tax Return

I always think it’s funny when people act like it’s a waste of money to pay someone to do their taxes. We pay people to fix our cars. We pay people to tend to our health. We pay people to install our home appliances. Why? Because messing up any of those things can cost us, […]

Shifting Your Tax Strategy With the Shifting Markets

Lately, Susan and I have received quite a few phone calls from prospective clients thirsting for strategies to minimize the losses in their retirement portfolios. Folks, no doubt, we have experienced the worst beginning to the year—ever—in the history of the markets!   A few weeks back I wrote that the S&P 500 was down […]

Is The Phantom Lurking This Halloween?

Folks, with any good retirement system, not only do you need investment and income plans, but you need a sound tax plan as well. You must have strategies that are tax efficient. We all have a right to legally pay less tax, agreed? Heck, if we legally pay less tax then what have we essentially […]