Jeffrey

Avoid Tax Surprises This Year: Better Charitable Deductions. . . if You Itemize

September 6th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

(Part 3 of a 4-part series)

Tuesday, we reviewed the importance of checking your withholding to make sure you are not over/under-withholding due to the tax law changes this year.  Yesterday, we focused on how state and local tax deductions have been limited under the […]

Succession Planning for Your Business

September 5th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

If you have built or maintained a business in your professional life you may feel like that business is one of your children.  That said, what are you going to with that “business child” when it’s time for you to slow down or step […]

Avoid Tax Surprises This Year: State and Local Tax Deductions Now Limited

September 5th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

(Part 2 of a 4-part series)

Yesterday, we reviewed the importance of checking your withholding to make sure you are not over-withholding or under-withholding due to the tax law changes this year.  As the second installment of this series of blogs dedicated to avoiding tax […]

Celebrating Senior Citizen’s Day

August 21st, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Today is officially Senior Citizen’s Day.  With that, it seems like as good of a day as ever to remember it’s important to get your estate planning organized and efficient.  You should know where your estate planning documents are located, and what they say.  […]

Retirement Income: Six Things that Can Blow Up Any Retirement Income Plan

August 15th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Even some of the best laid plans take an unforeseen turn.  For example, you can develop what seems to be a well thought out approach to funding your retirement, but then something could happen that blows it apart.  While it may be fun to […]

Summer Savings Strategies: Minimize Your Tax Bill

June 27th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

It doesn’t make sense for taxes to be the only factor in investment decision making, but tax consequences should certainly be part of the conversation. This is because keeping investment-related taxes low can increase your overall investment return. For example, investments that are tax-efficient […]

Summer Savings Strategies: Accidents Can Happen—Make Your Wishes Known

May 30th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

If you’ve had any sort of medical procedure recently, you were likely asked whether you had a health care directive or a living will. If you don’t already have a directive in place, you should strongly consider getting one. Doing this is an important […]

Tax Tip Tuesday: Second Verse, Not The Same As The First

April 17th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Today is the last day of tax season.  You may be happy that a refund is coming, or you may be steamed at the amount of taxes you had to pay.  Regardless, the experience you had for the 2017 tax season likely will be […]

Tax Tip Tuesday: Higher Income Means More Taxes

April 10th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

While the new tax laws for 2018 have lowered income tax rates generally, there’s still some bites of the apple that Uncle Sam plans to take from higher income earners. While many tax thresholds are indexed for inflation, like the AMT tax exemption, taxes […]

Tax Tip Tuesday: Watch Out for Tax Scams

February 27th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Unfortunately, identity theft and consequential tax refund kidnapping continues to rise during tax season. Once again the IRS has declared identity theft as the biggest risk to taxpayers. Also increasing are email schemes to swindle refunds and filing information. In 2016, the IRS reported […]