Taxes
Wednesday Q&A How much of my Social Security income will be taxed in retirement?
How much of my Social Security income will be taxed in retirement? In this episode of the Winning at Life, Gregory and James discuss much of your Social Security income could be taxed in retirement. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY…
Read MorePODCAST44: Reasons to convert to a Roth
Learn how Roth IRAs can save you on taxes in retirement. Complimentary download to go with this episode:
Read MorePay taxes now or later: How to choose the best retirement savings option for you
You know you need to save for retirement. Figuring out how to get started or finding the best plan may leave you befuddled. Yet it is important. By the age of 67, you should have 10 times your final salary set aside, according to Fidelity Investments. Here are your options, and factors to consider when deciding…
Read MoreWednesday Q&A Where can I get help regarding my DROP plan?
Where can I get help regarding my DROP plan? On this episode of the Ask Gregory Podcast, Gregory helps a caller decide what to with his DROP plan. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help Have questions about…
Read MoreTop 5 Reasons to File Your Taxes Early
Every year, many taxpayers wait until the last minute to file their federal income tax returns. Despite this tendency, there are many reasons to file your taxes early. If you will receive a refund, you may want to submit your return as quickly as possible. Additionally, there are benefits to filing early for those taxpayers…
Read MoreWednesday Q&A What are Reilly’s Laws of Tax Planning?
Reilly’s Laws of Tax Planning On this episode of the Ask Gregory Podcast, Gregory discusses Reilly’s Laws of Tax Planning. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help Have questions about this week’s content, or need help with your financial…
Read MoreHow concerned investors should be about Biden’s tax proposals
Stocks and taxes: What’s going to happen? The Democrats’ control of Congress is shining a new spotlight on Biden’s tax proposals, particularly those that would affect stocks and bonds. While Biden has repeatedly said he would not raise taxes on Americans earning less than $400,000 a year, he has proposed: 1) raising the marginal income tax…
Read MoreTax moves aren’t just for the wealthy. These strategies can help lower your bill
The end of the year is fast approaching, yet there is still time to take charge of your taxes. While that might seem like something only the wealthy would do, there are also ways for the average American to save money — even if you are part of the 90% who take the standard deduction…
Read MorePODCAST41: Reilly’s Laws of Tax Planning
Links mentioned in episode: https://gregoryricks.com/reillys-laws-of-tax-planning/ Gregory mentions the IRS Listed Transactions: https://www.irs.gov/businesses/corporations/listed-transactions Check out our complimentary download, Tax Strategies for Retirement below. If you have any questions please give us a call at 504-832-9200
Read MoreTax Guidelines About Gifting
The average taxpayer never files a gift tax return or pays gift tax, but if you’re planning big gifts this year, here are the IRS rules, just in case. The IRS requires you to report all taxable gifts you make during the year and pay the appropriate tax. However, due to the generous exclusions and…
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