Tax Planning

Charitable Giving With A Donor Advised Fund

Dec 23, 2019

Watch this video on YouTube In A Christmas Carol, Charles Dickens has a scene where two charity workers raising funds for the poor approach Ebenezer Scrooge on Christmas Eve. “. . . What shall I put you down for?” “Nothing!” Scrooge replied....

The Middle-Class Cost of Medicare for All

Nov 25, 2019

Watch this video on YouTube The concept of “Medicare for All” is getting a lot of attention in the 2020 Presidential race. Senator Elizabeth Warren’s promise that it will not cost the middle-class “one penny” has much appeal. While most...

The SECURE Act and Your Retirement Accounts

Jun 10, 2019

A relatively radical bill moving through Congress will mostly eliminate passing on to heirs the benefits of tax-deferred and tax free IRAs. Why haven’t you heard anything about this money grab? Maybe because the bill has so much bipartisan support instead of political...

The Impact of High Taxes on the Rich

May 20, 2019

Watch this video on YouTube Two types of tax increases are being promoted by several presidential candidates and members of Congress. The less common idea, which I wrote about recently, is a wealth tax on net worth. The more common proposal is a significant increase...

Wealth Tax Is Impractical And Unrealistic

Apr 8, 2019

Watch this video on YouTube Democratic Presidential candidate and Massachusetts Senator Elizabeth Warren is proposing a federal wealth tax. It would impose annual taxes of 2% on those with household wealth—net worth, not income—of over $50 million and 3% on those with...

Consider Taxes Before Retiring Abroad

Mar 25, 2019

Watch this video on YouTube One way to stretch your retirement nest egg is to relocate your retirement nest. Finding a place with a lower cost of living can include considering retirement in another country. According to International Living, Panama is one of the best...