Letters from Joel Levy

  • Business - For an enviable financial statement, implement a robust tax plan This is the third post in Joel’s series 2016 / 2017 Tax Planning Guide: Year-Round Strategies to Make the Tax Laws Work For You. Running a profitable business these days … Continue reading
  • Investing - Tax planning for your investments: What you need to know for 2016/2017 This is the third post in Joel’s series 2016 / 2017 Tax Planning Guide: Year-Round Strategies to Make the Tax Laws Work For You. Tax planning for investments demands careful … Continue reading
  • Family and Education - Family and education tax breaks make raising kids less costly This is the second post in Joel’s series 2016 / 2017 Tax Planning Guide: Year-Round Strategies to Make the Tax Laws Work For You. Raising children and helping them pursue their educational goals … Continue reading
  • Income and Deductions - Timing income and deductions to your tax advantage for 2016/2017 This is the first post in Joel’s series 2016 / 2017 Tax Planning Guide: Year-Round Strategies to Make the Tax Laws Work For You. Usually it makes tax sense to accelerate as … Continue reading
  • Introducing the 2016/2017 Tax Planning Guide Series - For tax planning, the only certainty is uncertainty Last December, many valuable tax breaks were made permanent by the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act). As a result, tax planning in 2016 is a little … Continue reading
  • Estate planning can secure your legacy - As difficult as it is, accumulating wealth is only the first step to providing a financially secure future for your family. You also need to develop a comprehensive estate plan. The earlier you begin, the more options you’ll have to … Continue reading
  • When “taxable” gifts save taxes - Case Study V Maureen has an estate of $8 million. In 2015, she has already made $14,000 annual exclusion gifts to each of her chosen beneficiaries. She’s pleased that the $5.43 million gift and estate tax exemption will continue to … Continue reading
  • For an enviable financial statement, implement a robust tax plan - Running a profitable business these days isn’t easy. You have to operate efficiently, market aggressively and respond swiftly to competitive and financial challenges But even when you do all of that, taxes may drag down your bottom line more than … Continue reading
  • Watch out for mutual fund capital gains distributions - Case Study II Hector purchases 200 shares of an equity mutual fund on Dec. 1, 2015, at $100 per share, for a total investment of $20,000. The next week, the fund makes a capital gains distribution of $15 per share. … Continue reading
  • Tax planning for your investments: What you need to know - Tax planning for investments demands careful thought. You must consider the tax consequences of your investments as you buy and sell, but not let tax concerns propel your investment decisions. Your investment goals, time horizon, risk tolerance and factors related … Continue reading

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