Tax-loss selling is a financial planning strategy used to help investors reduce their capital gains tax liability. Learn how it works and why it’s so beneficial.
Howard Hook, CFP®, CPA, CAP®
Can I Retire?
Knowing when you can retire provides peace of mind. Here’s how you can determine the right time to retire.
2021 Year-End Tax Planning Tips
Year-end tax planning may look different this year, pending new tax laws. Here are some strategies to consider.
‘Gap Retirements’ Divide Baby Boomer Couples
Are you prepared to retire before (or after) your spouse? Have you considered how this retirement gap will impact your relationship?
3 Actions That Help You Reap Big Rewards on Your 401(k)
Contributing to a 401(k) is great. But you need to do more to ensure you reap the plan’s full benefits.
Maintaining Flexibility in an Uncertain World
Predicting the future of tax laws would be a great magic trick. It would make tax planning and financial planning so much easier. But since we can only make educated guesses, here are some tips.
New Rules for Deducting Charitable Donations
The rules around deducting charitable donations keeps changing. Here’s what you need to know now.
How to Correctly Report Taxable Distributions from Retirement Accounts
RMDs were suspended in 2020, but if you took the withdrawal and rolled it back, read this before preparing your tax return.
Reducing Income Taxes in Retirement
Nobody wants to outlive their money. Here is a strategy that can help reduce income taxes in retirement, ensuring your money will last longer.
Cash is King
When building an investment portfolio, it’s important to consider cash in the mix. Learn the many reasons why, and how to determine how much cash is right for your financial plan.
How Do I Handle This Retirement Income on My Taxes?
Here’s how to get it right when you consider retirement income exclusions.
How to Properly Report Qualified Charitable Distributions on Your Form 1040
Making Qualified Charitable Distributions can be a great way to maximize your charitable giving. But this strategy must be reported properly at tax time. Learn how to avoid a tax trap.