Taxes (3) Articles

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...

Reader’s Question: I’m 59 and recently had to retire and go on disability. I’ve always made a good living, been a great saver, and a careful, conservative investor. (The only debt I carry is my $200,000 mortgage.) The positive in all this is, that,...

For many people, the desire to cut expenses is a moving experience. We have clients all around the country. So there’s a pretty substantial discrepancy in how much the people we work with pay in state and local taxes. If you live in a place like...

Remember when taxes were something you began worrying about on April 1st? The good ol’ days. That’s okay. As the tax code has changed, you simply have to adapt and change with it. While by no means comprehensive—there’s a lot more to consider than...

You don’t have a 401(k)? About 55 million people are currently contributing to a 401(k). This adds up to over $5 trillion (which is 59% of all private retirement savings) that is earmarked to pay for a portion of retirement. [1] 401(k)s are...

The new 2018 tax law brings about some of the most sweeping changes we’ve seen in decades. For those of us facing retirement or already enjoying retirement, these changes bring about big questions. Primarily, what is the best way to structure...

With a final version of sweeping tax reform hitting the Senate floor next week, we may likely see the Tax Cuts, and Jobs Act signed before the end of this year. If the bill becomes law, Americans can expect to see the largest overhaul in federal tax...

Right up front, I want to make it clear that I’m not an accountant. No one except an expert in tax law should have the final say about your tax planning. That said, likely not a week goes by that an advisor at Allworth Financial doesn’t meet with a...

In order to save money on taxes, would you consider moving to a less expensive state? Lots of our clients do. But where might you go? When it comes to taxation in retirement, what 3 states grade out the best? While there are myriad things to...