Tag: Tax
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5 Reasons People Seek out a Financial Advisor
Personal finance is something everyone has to deal with, yet very few people have gotten any formal education on. As your finances become more complex, you may start to feel uncertain about whether you’re making the right decisions. In these situations, many people turn to a financial advisor to help them create an organized plan,…
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3 Ways to Pay Less Tax Near or in Retirement
As an advisor, one of the most important conversations I have with clients is about tax efficiency in retirement. Many retirees are shocked by how much tax they still have to pay even after their main working years are over. However, careful tax planning is your friend during this time, making it possible to significantly…
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Which College Tax Credits Can I Claim?
If you’re paying for your child’s college education, you may be eligible for college tax credits that can help reduce your tax bill. The American Opportunity Credit (AOC) and Lifetime Learning Credit (LLC) are two key college tax credits that can lower your taxes, but they have their own unique rules and advantages. Let’s break…