Knowing what you are earning at work is pretty transparent – knowing what’s going on inside of your investment portfolio is a different story for many busy professionals. Ideally, you should keep tabs on this throughout the year to see if estimated taxes need to be paid, but I’m a realist.

Did you panic in 2021 when Congress was discussing lowering the federal estate tax exemption amount? Did you ask yourself, “Should I be doing something?” Congress ultimately nixed any changes to estate tax laws as part of the Build Back Better (BBB) negotiations. Great, no one needs to rush into any decisions. BUT the federal estate tax exemption is still going to be cut in half in 2026, which begs the question again: Should you be doing something?

How should you be paid for a thriving business? This guide will walk you through the earnout structure and guide your decision-making.

Wealth and our goals for what that wealth can enable are deeply personal, but chances are they involve wanting to help our loved ones succeed and live healthy, happy lives in some form or fashion. For those with children, that often means providing enriching educational experiences and opportunities that will greatly shape their futures. Congress passed the SECURE 2.0 Act in 2022 (SECURE 2.

Have you been considering a mega backdoor Roth? It might not be the right fit for you. Here are a few reasons why it rarely works in the real world.

In the game of entrepreneurship sometimes the market throws a curveball, and your business valuation is less than what you had expected. Instead of striking out, have a contingency plan in place. It’s good to hope for the best but be prepared to adjust your expectations downward if the valuation of your business comes in lower than expected.

In most cases here, you’re trading a current tax benefit in the form of lower taxable income now for a future benefit of tax-free income later. Despite being in a high tax bracket currently, you could be in an even HIGHER tax bracket in the future…even if you have lower income.

Have you seen the price for private and even public universities lately? If so, it’s likely you experienced a bit of sticker shock. The national average net price increase for the cost of attendance is bordering on 5% for both private and public universities in recent years, so this is a common challenge many families are facing.  Despite the temptation to bury your head in the sand it’s worth facing the fact that college is still very much worth the investment.