CARES Act Highlights This has certainly been a very busy and tumultuous few weeks. Many economists and finance gurus’ opinions vary greatly from we may have a mild recession for just a couple of quarters, to deep recession, or possible depression. The truth is nobody knows. A lot depends on how long the current lockdownRead More >
Tax
Retirement Tax Planning: Making Your Game Plan!
Retirement Tax Planning Benefits of a Tax-Efficient Distribution Strategy from Mike Kastler, MSF on Vimeo. Retirement tax planning may be the last thing on your mind or your financial advisor’s mind. The fact is, it’s hard. So people tend to avoid it. But it just may be one of the most important aspects of yourRead More >
Year-End Tax Planning
Year-end tax planning is probably the last thing on your mind. Start now to minimize your tax liability. 8 Year-End Tax Planning Strategies. As a new year approaches, many of us will reflect on the year that has passed. Personal and professional accomplishments may take center stage. And we may take stock of any disappointmentsRead More >
Potential Tax Traps in Retirement
By Charles Sherry, M.Sc. and Mike Kastler, MSF A popular quote from one of our founding forefathers, Benjamin Franklin in 1789: Our new Constitution is now established, and has an appearance that promises permanency; but in this world, nothing can be said to be certain, except death and taxes.” Taxes can’t be avoided, but theyRead More >
How the 2018 Tax Changes May Impact You
How do the 2018 tax changes affect you? Not since 1986 have we seen such sweeping changes to tax law. Here are some highlights to be aware of. The New IRS Code is Complex Not since 1986 have we seen such a massive overhauling of the U.S. tax laws. The House and Senate went intoRead More >