Good Financial Reads: Your Tax Planning Guide (Part One)

your tax planning guide (part one)

How to Use Qualified Charitable Distributions to Give Your IRA a Triple Tax Benefit

by Scott Monk, Charis Legacy Partners

If you have financial legacy goals, you’ll want to consider how taxes affect the impact of that legacy, because every dollar you pay in taxes is one less dollar that can be used for legacy giving to support the people and causes you care about. One of the most strategic tax planning options to help you meet your legacy goals, especially if those goals include charitable giving, is Qualified Charitable Distributions.

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[Video] How Tax Deferred Accounts Work

by Michelle Smalenberger, Financial Design Studio, Inc.

There are three types of accounts we have been talking about: taxable, tax deferred, and non-taxable accounts.  Let’s talk about tax deferred accounts today.

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The Value of Roth Conversions at Today's Low Rates

by Phil Weiss, Apprise Wealth Management

Today’s federal income tax rates might be the lowest you’ll see for the rest of your life. As a result, if you have a traditional retirement account, such as an Individual Retirement Account (IRA), a 401(k), or a 403(b) (collectively referred to as IRAs throughout), you should consider converting a full or partial Roth conversion.

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Tax Planning Services vs Tax Preparation: Which Do I Need?

by Sahil Vakil, MYRA Wealth

Many people assume tax planning and tax preparation are the same. These services are very different. When combined, they help you maximize your personal and business income, investments, and bottom line, even after paying your taxes.

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For more on tax planning, be sure to check out:

Good Financial Reads: Your Tax Planning Guide (Part Two)

Good Financial Reads: Your Tax Planning Guide (Part Three)


Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

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