Blog tagged as Tax Planning

SECURE Act 2.0: What's New and How Could It Affect You?

12/29/2022 06:13 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

The SECURE Act 2.0 is now law. Here's a summary of the biggest changes that could affect you.

Millennials Increasingly Turn to Human Financial Advisors

11/09/2022 03:00 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

A human financial advisor offering real comprehensive financial planning can make a big difference in your life.

2023 Retirement Plan Contribution Limits

10/21/2022 02:04 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

Here are the new contribution limits for 401(k), 403(b), and most 457 retirement plans, as well as IRAs, for 2023.

New Income Tax Brackets for 2023

10/19/2022 08:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

In response to high inflation, the IRS announced higher tax brackets and standard deductions for 2023. Contribution limits have also been increased for HSAs and FSAs.

Financial Advisor, Wealth Advisor, Investment Advisor: What's the Difference?

10/14/2022 08:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

As you look for a financial advisor, you may come across different titles. Here are some of the key differentiators of the most common titles for advisors.

Tax Planning with Charitable Contributions

08/17/2022 08:20 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

A common method of lowering taxes is donating to a charity to receive a tax deduction.

Pre-Tax vs After-Tax Retirement Contributions

08/03/2022 08:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

Tax planning is a year-round effort. Here's how you can plan ahead with your tax strategy so you’re prepared all year long.

8 Step Summer Financial Checkup

06/23/2022 08:02 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

If you find yourself with a bit of extra time on your hands in the upcoming months, you may want to use this time to check in with your family’s finances.

Employer Retirement Plan Rollover: Does It Make Sense For You?

04/29/2022 08:52 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

When deciding whether to rollover an employer retirement plan there are many factors to consider.

What Is the Difference Between a Tax Credit and a Tax Deduction?

04/05/2022 08:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

While they’re both worth getting excited over, it’s important to understand the fundamental differences between tax credits and tax deductions.

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