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Tax Planning

A&I Financial Services

Frequently Asked Questions about Retirement Planning Some of the questions that we receive from various folks are fairly common. You may want to visit our web site and see if any of them peak your interests. Here are a few of them: Diversification Read our recent FAQ: Diversification in Investing: Fundamentals, Importance & Why You...
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2021 American Family Tax Plan Smaller
Read this Periscope for a summary of the tax proposal to see if the changes affect you. Make sure to share this Periscope with your friends and invite them to contact us if they would like to learn more from an independent fiduciary. Summary of the Proposed Tax Bill in Congress The House Ways and...
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Pay taxes now or later?
The President wants to raise taxes and Congress may be inclined to pass a bill that makes it so. As your personal financial planners, we get asked frequently – is it better to pay taxes now or later? – we will have to help you make decisions before we know the results. Here are some...
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Roth IRA
How High Income Earners can Contribute to a Roth IRA Read more about what some people call a back-door Roth IRA contribution. NOTE: This may go away!   Peter Thiel has a $5 Billion Roth IRA Recently, one of the founders of Paypal, among other successful technology companies, made the news with the size of...
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Roth IRA to-do list
How to Contribute Money to a Roth IRA Even if You Have a High Income Here’s a simple plan that may help a person tuck away a little money and go tax free. Especially now that tax laws changed for 2020, it becomes even more important to go tax free. And, there is a hidden...
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Making a Financial Plan
If you want to make a financial plan, then this 10 step plan will make it a little easier for you to work through the vast and complex issues at hand. From budgeting, to forecasting, to understanding debt and insurance, sometimes money issues can feel overwhelming! But at the core, putting together a financial plan...
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When planning your IRA withdrawal strategy or if you are looking to make a non-deductible donation to charity, you may want to consider making charitable donations through a QCD and that way you can do good with the RMD, both for others and for your own bottom line. Read this Periscope for information on how...
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Karl Frank CFP® and Nathan Merrill discuss Biden’s proposed estate tax plan changes. We describe what the President proposed and what this means for Americans. The increase may affect more people than ever before. The tax rate may be higher. And the loss of a benefit called the step-up in basis could be very expensive...
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Karl Frank CFP® and Nathan Merrill discuss Biden’s proposed tax plan changes. This is the largest tax increase in US history, in dollar terms, and the second largest in history by percentage terms. Learn about the increased income tax. The long-term capital gains tax increased by the largest percentage in history. Learn about the estate...
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Biden speaking
Read this Periscope to learn about the President’s proposed tax increases, including a huge increase in the long-term capital gains rate. Also, increases to the income tax rate, the step-up in tax basis, higher taxes on corporations and a gotcha for real estate investors. Second-largest Percentage Tax Increase in US History The proposed tax increases,...
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