Category: Tax Planning

Year End Tax Planning Ideas

The end of the year is quickly approaching, which can only mean one thing for us finance nerds – year-end tax planning! The end of ...

How to Avoid Getting Crushed by Taxes in Retirement

The answer is relatively simple – show very little income on your tax returns. The key is understanding how different types of investments are

Tax Bracket Misconceptions

Federal income taxes can be terribly misunderstood. Sometimes I believe that whoever writes tax law wants us to misunderstand it

How to Get a Tax Free Retirement

This is a headline that I see often on retirement articles, but is it possible? Yes, it is possible, but the more realistic headline would ...

Warning: Adjust Tax Withholding in Your First Year of FERS Retirement

Two things in life are certain – death and taxes – one we have very little control over and the other some control over, possibly ...

Why Tax planning is SO Important in Retirement

If you want to keep more of what you make, then tax planning is essential to your retirement plan. Not only does it help you ...

Taxes and Timing Matter

It’s hard to understate the importance of timing and details when it comes to retirement distributions. Tax efficient distributions can only be done if you ...

3 Essential Tax Planning Strategies for Federal Retirees

There is an old saying that claims, “It’s not how much you make that’s the most important, but how much you keep.” Uncle Sam does ...

Reduce Taxes on Inherited IRAs

I was in the process of writing an article on handling inherited IRAs when Congress passed the SECURE Act and changed everything. But while things ...

Year End Review – 10 Ways to Save on Taxes and Expenses

The end of the year is a great time to do a review of your finances. Things that tend to change at the beginning of ...