Proactive Year-end Tax Planning for 2022 and Beyond

Proactive Year-end Tax Planning for 2022 and Beyond

Other than some IRS inflation adjustments, calendar year 2022 has brought limited changes in tax laws for individuals. Many of the provisions that were passed in bills like, The Inflation Reduction Act of 2022, affected corporations, such as the corporate minimum tax of 15% for corporations …

Join Us for Our Financial Strategy Workshop March 2022

Financial 1 Tax: Financial Strategy Workshop

Your current financial strategy could be destroying your retirement income… and taxes are likely the culprit. Discover tax reduction strategies and protect your money from Uncle Sam! Attend one of our free workshops! We’ll discuss: Tax Planning, Retirement Income, Mitigating Risk and Estate Planning …

Proactive Year-end Tax Planning for 2021 and Beyond

Proactive Year-end Tax Planning for 2021 and Beyond

2021 has been an unusual year and there is still major legislation being discussed that could have an effect on your taxes. It is the first year of a new administration, so investors should consider taking into consideration the impact of possible future tax strategies. This report includes information on …

Join Us for Our Financial Strategy Workshop

Financial 1 Tax: Financial Strategy Workshop

Your current financial strategy could be destroying your retirement income… and taxes are likely the culprit. Discover tax-smart retirement planning and protect your money from Uncle Sam! Attend one of our free workshops! We’ll discuss: Tax Planning, Retirement Income, Mitigating Risk and Estate Planning …

Videos: Tax Tips and Strategies

Video: Charitable Contributions, Financial 1 Tax

At Financial 1, we offer practical strategies to help you grow your assets and build wealth. We believe in thinking “out of the box” and we are not afraid to challenge conventional wisdom in our approach to accounting, tax planning and preserving wealth. Three videos to help you get started …

Proactive Year-end Tax Planning for 2020 and Beyond

Proactive Year-end Tax Planning for 2020 and Beyond

2020 was an unusual year that had several major legislative bills passed that could have an impact on your taxes. It is also a presidential election year, so investors might want to think about potential future tax strategies. Although it will take more than a change in president to enact tax laws changes …

Filing 2019 Income Taxes and Planning for 2020

Financial 1 Tax, Filing Income Taxes, Tax Planning for Next Year

For 2019, Form 1040 has been slightly redesigned. There is time to look into tax planning ideas for your 2020 taxes, but here are some things tax filers should review. There are seven federal income tax brackets for 2019. The lowest of the seven tax rates is 10% and the top tax rate 37% …

New Tax Changes: The SECURE Act

The SECURE Act, Financial 1 Tax

The New SECURE Act and Proactive Retirement Planning Tatyana Bunich CEP.RFC. The House of Representatives passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act on May 23. The next step is to pass through the Senate and be signed by the President. With strong bipartisan support and the Senate already considering changes for retirement plans, industry expert Bob …