Taxes (2) Articles

Allworth Co-CEO Scott Hanson gives a quick breakdown of the most and least friendly states when it comes to taxes for retirees. Have you ever thought about the advantages of moving to a low (or no) income tax state? (Especially if you are either...

Allworth Co-CEO Scott Hanson explains a new IRS mandate regarding RMDs (Required Minimum Distributions), along with an overlooked provision of the CARES Act that could be worth up to $5,000 for college students. While new COVID-19 infections are on...

Allworth Co-CEO Scott Hanson shares three common financial mistakes people make - and how forward-thinking tax planning can help you hang on to more of your money. Do you like paying extra in taxes? How about fees? What’s your personal philosophy on...

We feel something in the air. Do you? The weather is colder, and the days are about as short as they can be. And, even if you’ve never been busier than you are right now, this time of year can’t help but lend itself to moments of introspection....

Where has 2019 gone? It’s hard to believe the holidays are almost here, and that in less than 6 weeks, we’ll be ringing in 2020! So, before December 31st arrives, here are a few tax planning items you might want to consider adding to your ‘to-do’...

Your entire working career, you’ve paid taxes. Income taxes, Medicare taxes, Social Security taxes – just to name a few. And perhaps you thought maybe – just maybe – you were going to catch a break in retirement. After all, you’re no longer working,...

Do you know the difference between tax preparation and tax planning? We can help. Because while they sound similar and are sometimes used interchangeably, they are two very different things. Tax preparation is more short term. It involves: Gathering...

3 ways tax scammers are targeting you Think you can tell a fake IRS notification from a real one? Don’t be too sure. Because while it can be easy to think to yourself, “I would never fall for something like that,” tax scammers still fool smart...

Over the course of your life, you might spend thousands of hours monitoring your investments and savings. But how much time do you spend on tax planning? Filing your taxes is a chore and a bore. But their complexity (and the potential return on your...

Who does your taxes? And, more importantly, why do they get to do them? What I mean is, when it comes to your retirement planning, your taxes and your investing, you’ve got to find an edge wherever you can. It has long been my philosophy that...