Understanding Tax Projections

Understanding Tax Projections

Tax projections are one part of tax planning for retirement and can support decisions that shape your broader financial picture. Instead of waiting for surprises during tax season, a projection gives you an estimate of your upcoming tax liability based on the income...
Tax Planning for Retirement

Tax Planning for Retirement

Taxes look different once you step into retirement. Your income comes from new places, bracket thresholds feel less predictable, and financial decisions can have ripple effects across several years. Understanding how taxes work in retirement can help you feel more...
Decoding IRS Changes: Form 1099-K

Decoding IRS Changes: Form 1099-K

The Internal Revenue Service (IRS) has tweaked the rules for Form 1099-K, and here’s the scoop! This adjustment comes after getting feedback from taxpayers, tax pros, and payment processors. The goal? Less confusion. The IRS has hit the pause button on the new...
How to Get Started with Tax Loss Harvesting

How to Get Started with Tax Loss Harvesting

Markets rise and fall. When they’re down, it can be discouraging to see red in your portfolio, but it can also create an opportunity for a smart tax move: tax loss harvesting. If you’ve read our Tax Loss Harvesting Explained, you already know what the...
2023 Major Tax Changes, Tax Brackets Updates & More

2023 Major Tax Changes, Tax Brackets Updates & More

This post represents 2023 taxes that will be filed in April of 2024. Preparing for 2023 means understanding all the financial and tax changes that are about to take place. From tax brackets 2023 changes to corporation tax increases, changes to retirement plan...