This article was originally published by Darrow advisor Kristin McKenna, CFP® on Forbes.
5 Strategies to Reduce Tax This Year
by
Kristin McKenna, CFP®
on
November
07,
2019
in
tax planning,
Financial Planning
New IRS Contribution Limits for 2020
by
Kristin McKenna, CFP®
on
November
06,
2019
in
tax planning,
Financial Planning,
Retirement Planning,
Updated for 2020
The IRS has released the 2020 contribution limits for retirement plans and other cost-of-living adjustments.
Is Tax-Loss Harvesting a Good Idea?
by
Kristin McKenna, CFP®
on
October
22,
2019
in
investment management,
tax planning,
Asset Management,
Investing,
Rebalancing,
Updated for 2019,
Brokerage Account
Tax-loss harvesting is the process of selling an investment that has lost value in your portfolio to 'realize' the loss for tax purposes. Investors can use this loss to offset taxable capital gains […]
Business Owners: It's Not Too Late to Lower Your Taxable Income for the Year
by
Kristin McKenna, CFP®
on
October
15,
2019
in
tax planning,
Retirement Planning,
Business owners,
Updated for 2020
Self-employed business owners and entrepreneurs working for themselves part-time have a lot of flexibility when it comes to saving for retirement and managing their taxes. Though self-employed […]
5 Reasons You Shouldn't Make Non-Deductible IRA Contributions
by
Kristin McKenna, CFP®
on
September
03,
2019
in
tax planning,
Retirement Planning,
Infographics,
Traditional IRA,
Updated for 2020
Should you consider making after-tax contributions to an IRA? Anyone with an income can make non-deductible contributions to an IRA up to the annual limits. While these after-tax, non-Roth savings […]
Tax-Efficient Funds Don't Belong in Your IRA
by
Kristin McKenna, CFP®
on
August
27,
2019
in
tax planning,
Retirement Planning,
IRA Rollover,
Investing,
SEP IRA,
Roth IRA,
Traditional IRA
This article was originally published by Darrow advisor Kristin McKenna, CFP® by Forbes.
5 Ways to Minimize Tax on Your Investments
by
Kristin McKenna, CFP®
on
July
31,
2019
in
Charitable giving,
tax planning,
Infographics,
Investing
As the saying goes, nothing is certain but death and taxes. Though it's hard to argue with the truth, there are often ways improve your situation. Reducing your tax liability can be challenging, but […]
Should You Make Non-Deductible Contributions to an IRA?
by
Kristin McKenna, CFP®
on
July
23,
2019
in
tax planning,
Financial Planning,
Retirement Planning,
Investing,
Traditional IRA,
Cash Management,
Updated for 2020
Most high-income individuals are unable to make tax-deductible contributions to a traditional IRA due to IRS limits, yet their earnings level may allow the capacity to save more after maxing out a […]
How to Reduce Tax on Your Investments
by
Kristin McKenna, CFP®
on
July
02,
2019
in
tax planning,
Investing
This article was written by Darrow advisor Kristin McKenna, CFP® and originally published by Forbes.
5 Financial Tasks to Prioritize in the New Year
by
Kristin McKenna, CFP®
on
January
08,
2019
in
tax planning,
Financial Planning,
Retirement Planning,
Employee benefits,
401(k) Plans,
Updated for 2020
There's truly no better time than the present to get your finances set up for the New Year. Unfortunately, for many busy professionals, there just isn't enough time in the day to tackle seemingly […]
