Inflation Reduction Act: Biden Signs Sweeping Measures into Law
The Inflation Reduction Act is the largest climate change legislation in U.S. history and it also contains measures aimed at lowering health care costs and creating new tax credits.
The Inflation Reduction Act is the largest climate change legislation in U.S. history and it also contains measures aimed at lowering health care costs and creating new tax credits.
Money matters are complex for every family, and there is no one way to correctly manage your finances. This is certainly true for LGBT couples, for whom milestones like marriage, children, and homeownership may pose additional financial challenges.
There are many benefits that come with having a high net worth, but it also means tax planning is a bit more complex. If you don’t have a thoughtful tax strategy in place, you could miss out on key tax benefits and, when you’re paying more in taxes, that liability can have the effect of diminishing your net worth over the long term.
Estate planning is all about looking toward the future and preparing a strategy that accomplishes your goals and meets your loved ones’ needs. Planning your estate often includes, but is not limited to, a will and/or revocable living trust and an advanced healthcare directive.
As we approach the April 18, 2022 tax filing deadline, remember that preparation is the key to maximizing your tax situation. It’s never too soon to start thinking about how to handle your federal return, and you can use this tax prep checklist to help you meet your obligations and take advantage of any savings opportunities.
When you’re close to seeing the benefits of your retirement plan, don’t leave your money up to chance. Good planning is the key to protecting your money from risk and making sure bad luck doesn’t have a big impact on your future.