Paying taxes is inevitable, but smart financial planning can help you minimize your total lifetime tax bill. In this blog post, we’ll explore five strategies that can help you retain more of your hard-earned money over the long run. These tactics include funding a Health Savings Account (HSA), utilizing backdoor
Paying taxes is inevitable, but smart financial planning can help you minimize your total lifetime tax bill. In this blog post, we’ll explore five strategies that can help you retain more of your hard-earned money over the long run. These tactics include funding a Health Savings Account (HSA), utilizing backdoor
In the realm of Medicare, understanding the intricate details of various costs and charges is crucial for making informed decisions about your healthcare coverage. One such aspect that can significantly impact your Medicare expenses is
As you embark on your journey toward financial independence and a secure retirement, it’s crucial to understand the intricacies of various retirement account rules. One such rule that comes into play is the Required Minimum
To incentivize the adoption of Electric Vehicles, the United States government has introduced tax credits for EV buyers. In this guide, we’ll delve into all you need to know about the electric vehicle tax credit,
Estate planning is a crucial aspect of financial planning for individuals of all ages and income levels. Having the right estate planning documents in place ensures that your assets are distributed according to your wishes,
Charitable Remainder Trusts are irrevocable trusts that afford the opportunity to donate assets to a charity and draw down an income, either for life or a specific term. Establishing a Charitable Remainder Trust can include
Qualified Opportunity Zones (QOZs) are an investment option, providing unique tax advantages for investors with large realized capital gains. Created as part of the Tax Cuts and Jobs Act in 2017, QOZs offer a unique
The passage of the 2017 Tax Cuts and Jobs Act instituted a limit on the State and Local Tax (SALT) deduction of $10,000. As a workaround to receive more tax benefit for business owners in
Qualified Small Business Stock (QSBS) exclusion or Section 1202 stock allows business owners to potentially sell some or all of their business for little to no capital gains taxes owed if certain requirements are met. Given
© Copyright 2021 fontanafinancialplanning – All Rights Reserved
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Fontana Financial Planning and Dallas Wealth Advisors are not a registered broker/dealer and is independent of Raymond James Financial Services.
Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.
