Tax Planning Opportunities You Might Not Be Aware Of


To save on taxes over all your years, not just right now, try these four different strategies. Tax planning is not just an opportunity to reduce your tax bill; it is also an opportunity to build up your financial assets with creative strategies. Smart investment choices now can reduce your taxable income pre- and post-retirement,…

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13 Tax Breaks for Homeowners and Home Buyers


Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those costs. Owning a home is part of the American Dream. Whether you fancy a log cabin in the middle of nowhere, a suburban Cape Cod with a white picket…

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The Right Retirement Plan: Do I Choose a Traditional or Roth 401(k)?

If your workplace offers a Roth 401(k) retirement savings plan in addition to a traditional 401(k), picking between them comes down to taxes. My friend Abby recently finished her graduate degree and just started a new job as a business analyst. After reviewing her company’s employee benefits package, she called to ask two specific questions:…

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Your retirement savings could take a hit: What you need to know about taxes

Give yourself a big pat on the back if you have built up a nice retirement nest egg after years of scrimping and saving. Congratulations, you’re halfway there. Many investors are so focused on accumulating wealth that they neglect the second part of the equation – pulling out money so that you don’t deplete it unnecessarily from poor tax decisions.…

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7 Ways to Prepare for Higher Taxes

money on branch

The tax climate is changing, and your retirement planning strategies could use some tweaks to stay on top of the situation. President Biden is pushing an agenda of raising taxes on corporations and the wealthy to help fund proposed bills for infrastructure and social safety net programs. Under his plans, the corporate tax rate could increase from…

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6 things parents should know about the new child tax credit

child tax credit

Millions of parents across the country will start receiving money from the federal government as soon as Thursday, July 15. Under the Child Tax Credit expansion put forth in under President Joe Biden’s $1.9 trillion American Rescue Plan, some households will start receiving monthly payments, instead of a lump sum payment in the past, and in most cases…

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Wednesday Q&A How will last year’s unemployment be taxed?

How will last year’s unemployment be taxed? Find out how your income is taxed if you had filed for unemployment in 2020. 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…

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Want to Avoid Paying Taxes on Social Security? Here’s How


Throughout your working life, you pay taxes to earn Social Security benefits. That’s why it comes as such a surprise to many retirees that taxes don’t stop once you start collecting checks. In fact, a report from Senior Citizens League found around half of all Social Security beneficiaries owe federal taxes on their money. And it’s…

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