Archive | September, 2014

Washington Hotline – September 30, 2014

WASHINGTON NEWS Tax Fraud Costs $5.2 Billion A Government Accountability Office (GAO) report published on September 22 strongly urged IRS Commissioner John Koskinen to take bold action against tax refund fraud. There was an estimated $5.2 billion in fraud during the past year. Several Congressional leaders responded with pointed requests to the IRS Commissioner and […]

Continue Reading

Beyond 401(k)s and IRAs: Think Tax-Efficiency in All Your Investment Choices

Obtaining a high rate of return is what drives most investors, but managing investment-related tax obligations should be an equally compelling investment priority — especially for individuals in the highest income brackets. If you are interested in taking a more proactive approach to managing your tax burden, consider creating an investment plan that fully utilizes […]

Continue Reading

Tips for Minimizing the Tax Bite on Retirement Assets

For many investors, a large percentage of their assets are held in tax-advantaged accounts such as 401(k)s and IRAs. While these accounts can be ideal for sheltering retirement savings from taxes pre- and post-retirement, because these assets are included in the account holder’s gross estate, they can be highly exposed to tax issues in an […]

Continue Reading

Planning Spotlight: Special Needs Trusts

Millions of American families face the emotional and financial challenge of caring for a child with special needs. For these families, financial and estate planning must go beyond traditional goals to include for the child’s current and future well-being. In most cases, severely disabled children receive government assistance in the form of Supplemental Security Income […]

Continue Reading