Personal Planning
Tax Gap Projections and Increased IRS Enforcement
Episode 261 – The IRS will be increasing tax enforcement action on high-income and high-net-worth individuals, and business owners. Prepare now. Continue Reading Tax Gap Projections and Increased IRS Enforcement
IRS Again Delays New Reporting for Gig Workers and Independent Contractors
Episode 259 – The IRS further delays implementation of the rules related to the issuance of Form 1099-Ks to gig workers and independent contractors. Continue Reading IRS Again Delays New Reporting for Gig Workers and Independent Contractors
What Does Life Insurance Have to Do With Divorce Revisited
Episode 257 – What does life insurance have to do with divorce? Life insurance and divorce intersect in several ways. Continue Reading What Does Life Insurance Have to Do With Divorce Revisited
No Section 165 Loss Deduction for Bitcoin
Episode 256 – Cryptocurrency can be a very volatile asset. If the cryptocurrency falls significantly in value, that loss may not be entitled to a Section 165 loss deduction on the investor’s income tax return. Continue Reading No Section 165 Loss Deduction for Bitcoin
The Ultra-Wealthy Are Rooting for Charles and Kathleen Moore!
Episode 239 – The ultra-wealthy are rooting for Charles and Kathleen Moore in their appeal to the U.S. Supreme Court to fight a tax. Continue Reading The Ultra-Wealthy Are Rooting for Charles and Kathleen Moore!
Millennials and Gen Z Acknowledge the Need for Life Insurance
Episode 235 – Millennials and Gen Z recognize the need to purchase life insurance, but many don’t. It all comes down to education and advice. Continue Reading Millennials and Gen Z Acknowledge the Need for Life Insurance
Does State Taxation Cause the Wealthy to Move to Different States?
Episode 234 – States with high income and estate taxes may cause the wealthy to move to another state with one or the other, but not both taxes. Continue Reading Does State Taxation Cause the Wealthy to Move to Different States?
Documentation of Charitable Gifts
Episode 232 – Before you try to take an income tax deduction for the charitable gifts you made during the tax year, make sure you comply with the various IRS requirements for documentation and qualification of the donation. Continue Reading Documentation of Charitable Gifts
The Importance of FDIC Insurance
Episode 225 – Recent financial turmoil involving several large banks provides an important lesson and opportunity to revisit the general FDIC-insurance rules and limitations. Continue Reading The Importance of FDIC Insurance
Do Seniors Need Life Insurance?
Episode 217 – You’re nearing or in retirement and the kids have graduated from college, out of the house, or are, at least, gainfully employed. You don’t need life insurance anymore, right? Think again! Continue Reading Do Seniors Need Life Insurance?
Six Common Life Insurance Mistakes – Part Two
Episode 216 – Most people don’t like thinking about life insurance but understand its importance to providing financial protection to their family or business. That conflict causes many to make mistakes with life insurance. Continue Reading Six Common Life Insurance Mistakes – Part Two
Six Common Life Insurance Mistakes – Part One
Episode 215 – Most people don’t like thinking about life insurance but understand its importance to providing financial protection to their family or business. That conflict causes many to make mistakes with life insurance. Continue Reading Six Common Life Insurance Mistakes – Part One
Don’t Forget Facebook, iCloud, Gmail, LinkedIn and Your Other Digital Assets in Your Planning Revisited
Episode 211 – Most, if not all of us, own several forms of digital assets in the form of online accounts. These assets must be included in your estate plan. Failure to do so may result in the loss of financial value or sentimental and legacy value. Continue Reading Don’t Forget Facebook, iCloud, Gmail, LinkedIn and Your Other Digital Assets in Your Planning Revisited
Cash is Not the Best Charitable Gift
Episode 205 – The holiday season is also the season of charitable giving which most people do through gifts of cash. But donating highly appreciated assets like publicly traded securities is much better. Continue Reading Cash is Not the Best Charitable Gift
The Great Resignation: Tools to Help You Fight It
Episode 199 – If you’re a business owner, by now you’ve undoubtedly heard of the Great Resignation, sometimes known as the Great Reshuffling. Continue Reading The Great Resignation: Tools to Help You Fight It
Long Overdue Healthcare Relief for Seniors
Episode 198 – The Inflation Reduction Act of 2022 provides long overdue healthcare relief to seniors and retirees. Continue Reading Long Overdue Healthcare Relief for Seniors
Planning for Single Parents
Episode 196 – Single parents must have their financial house in order, through insurance, financial and estate plans, to ensure that they protect their sources of income, existing assets and their children. Continue Reading Planning for Single Parents
Bank on Yourself with Marty Smith
Episode 177 – What exactly is “bank on yourself” and how does it work? In this podcast, we learn all the details you need to know from Regional Vice President Marty Smith. Continue Reading Bank on Yourself with Marty Smith
What Does Life Insurance Have to Do With Divorce?
Episode 166 – What does life insurance have to do with divorce? Life insurance and divorce intersect in several ways. Continue Reading What Does Life Insurance Have to Do With Divorce?
Tax-Efficient Investments and Family Protection Go Hand-in-Hand Part 2
Episode 163 – Accumulate wealth, reduce income taxes and protect your family from catastrophic life events with a universal planning strategy. Listen to part 2 of the podcast here. Continue Reading Tax-Efficient Investments and Family Protection Go Hand-in-Hand Part 2
Tax-Efficient Investments and Family Protection Go Hand-in-Hand Part 1
Episode 162 – Accumulate wealth, reduce income taxes and protect your family from catastrophic life events with a universal planning strategy. Listen to part 1 of the podcast here. Continue Reading Tax-Efficient Investments and Family Protection Go Hand-in-Hand Part 1
Why Conduct a Life Insurance Review?
Episode 23 – Despite the amount of life insurance in your estate, it is an asset that is generally not evaluated, reviewed, or appraised on a consistent and comprehensive basis. Continue Reading Why Conduct a Life Insurance Review?