by Giancarlo DAlimonte | Apr 4, 2018 | Investments, taxes
Tax Me Now — or — Tax Me Later? IRAs are the DIY option of retirement planning—and, just like DIY projects, they offer you choices that, at times, can seem a little daunting. How to choose which is best for your financial plan? Comparing your two main...
by Giancarlo DAlimonte | Feb 2, 2018 | taxes
Hobby Loss Rules Starting a side business on top of your regular nine-to-five job is tough. Time becomes your most precious commodity as you balance the needs of your primary work and those of a new pursuit. Combine that with the low success rate of start-ups and it’s...
by Giancarlo DAlimonte | Feb 2, 2018 | taxes
Tax reference: 2018 Tax rates: Single Tax bracket Base tax Marginal tax rate $0 – $9,525 $0 10% $9,525 – $38,700 $952.50 12% $38,701 – $82,500 $4,453.50 22% $82,501 – $157,500 $14,089.50 24% $157,501 – $200,000 $32,089.50 32% $200,001...
by Giancarlo DAlimonte | Dec 3, 2017 | General Info, taxes
See how charitable giving affects each of the six main areas of a comprehensive financial plan, and determine how to plan your charitable strategy with all aspects of your financial plan in mind. Retirement planning Budgeting for charitable funds: The size of your...
by Giancarlo DAlimonte | Dec 1, 2017 | taxes
Options When Paying Your Taxes You’ve probably read a lot about tax strategies and how to lower your tax bill, but how well do you know the actual process of filing? A professional tax preparer can take care of a lot for you, but they can’t actually file your taxes or...
by Giancarlo DAlimonte | Mar 6, 2017 | taxes
Top 10 Tax Myths The tax code can be a confusing read, clocking in at about 74,000 pages long. Even tax professionals don’t have every nuance memorized, so it’s no surprise that urban tax myths abound. Unfortunately, it can be difficult to claim ignorance or blame...
