NCEF Seminar in Charlottesville: “Tax Planning for Seniors”
with 1 Comment

On April 25, David John Marotta discusses details of IRS form 1040 and other tax documents, how you can use your tax return to glean information about your financial habits, and ways to optimize your accounts.

Tax Planning
with No Comments

A dollar saved on taxes is worth more than a dollar earned. If you earn another dollar, they will just tax you again.

Tax Season – Wealth Management Carnival #11
with No Comments

With the federal tax filing deadline upon us, here are some articles on little-known tax tips, interesting facts, good advice, and general information about taxes. Some of these are applicable now, and some you might want to store away for next year.

Keep Working and Hire Financial Professionals
with No Comments

For families with complexity to their finances, hiring a tax professional actually saves them money. Wealth managers bring benefit to such families in the same way.

Video: Even the Beatles Were Against Highly Progressive Taxes!
with No Comments

Let me tell you how it will be: There’s one for you, nineteen for me. Should five per cent appear too small, Be thankful I don’t take it all.

Is 95% of the Trade Imbalance Legal Tax Evasion?
with No Comments

As one of Forbes’s 25 largest fictional companies, Stark International could avoid $4 billion in U.S. corporate taxes with this one simple technique.

Video: How to Check Up On Your Charity
with No Comments

Maybe it is time you checked up on your favorite charities before making your next gift.

Fifteen Tax Moves For Right Now. Really?
with No Comments

Do any of these ideas suggest any incentive for the highly productive to continue producing?

Dwight D. Eisenhower on Tax Cuts and a Balanced Budget
with 4 Comments

“Until the deficit is eliminated from our budget, … there is no end to inflation; there is finally no end to taxation; and the eventual result would, of course, be catastrophe.”

Is a National Sales Tax Really Fair?
with 3 Comments

Claims of “fair” or even “regressive” or “progressive” depend very much on what is used as the denominator.

Earned Income Tax Credit (EITC) Marriage Penalty of $8,400
with No Comments

The worst marriage penalty is for couples earning between $26,000 and $60,000 who have three or more children.

Tax on Dividend-Paying Stocks Rising to 74%
with No Comments

With the enormous increase in the taxation of dividends, high net worth investors may be tempted to abandon dividend-paying stocks entirely. This is not necessary.

How to Avoid the Vehicle Sales Tax in Virginia
with No Comments

“I would like to give my daughter my newer car, but the tax considerations are not simple.”

Capital Gains Tax is an Economic Monkey Wrench (2012)
with 2 Comments

Tax on capital gains is scheduled to rise and become much more complex at the end of this year. Keeping your head in the midst of these changes can help your bottom line. Government should tax either the value of an asset or its yield but not both.

Seven Tax-Planning Strategies to Dodge the Tax Bullet
with 6 Comments

The victors in the recent election have declared it open hunting season on the rich, which they evidently believe will solve our spending problems. Tax hikes everywhere are aimed at the most productive members of society.

Mailbox: Disturbed by Romney’s Tax Computation in California
with No Comments

Personally I think it is a mistake to value supporting the government (taxes) higher than supporting society (charitable giving).

Smart Tax Planning for the Gap Years
with 2 Comments

Many families seek financial planning advice specifically for retirement. But if they wait too long, they miss an important tax-planning opportunity. A great strategy is to take advantage of the time between retirement and Social Security at age 70, the so-called gap years.

Mailbag: How Can I Get Started Gifting Appreciated Investments?
with No Comments

Do I start planting investments and then refrain from giving for ten years?

Tax Planning: Choose the Appropriate Investment Vehicles
with No Comments

Here are some additional tax planning resources regarding choosing the appropriate investment vehicles.

Tax Efficient Investing
with No Comments

It can be useful to maintain a grid where all of the available asset classes are arranged in order, by tax efficiency and potential return based on time horizon, so clients can clearly see when and where tax-deferral can offer the greatest benefits.

Radio: Tax Planning in 2012
with No Comments

David John Marotta was interviewed on radio 1070 WINA’s Schilling Show discussing tax planning in 2012 and the most important things to do now to prepare for rising taxes in 2013.

How Does Marital Status Affect Your Federal Taxes?
with No Comments

Laws have always regulated who may marry, the obligations related to marriage and children and whether and how a marriage can be ended. Governments have always put their own social agenda above the pluralism of personal choice.

Mailbag: I’d Like to Withdraw Money from My IRA to Purchase Physical Silver
with No Comments

Precious metals will, on average, just keep up with inflation, but your after tax return would mean you fell behind inflation by the 28% tax you must pay.

Last Chance for 0% Capital Gains Rate
with 4 Comments

Most infomercials that begin with such urgency are trying to get you to buy something, but in this case I want you to consider selling.

Capital Gains Tax Rising
with 4 Comments

Starting in 2013, pending further legislation, the capital gains tax will go up to 20%.

Double-Taxed Dividends: Going Up
with 2 Comments

The qualified dividend tax rate is currently at a maximum of 15%, as are capital gains. Starting January 1, 2013, dividend tax rates will go up to the investor’s ordinary income rate.

How Do I Allocate Investments with Capital Gains Among Taxable and Traditional IRA Accounts?
with No Comments

There is a distinction between existing high capital gains exposure in a mutual fund verses future capital gains you expose yourself to.

Tax Planning from the 2012 January / February issue of Planning Perspectives
with No Comments

“How can you respond if these new taxes are enacted? One option is to do a Roth conversion so that you can pay taxes now for those retirement funds.”

Roth IRA Recharacterization 2012: Undoing a Roth Conversion
with 2 Comments

Nearly everyone is an excellent candidate for a Roth conversion this year. You can always undo part or all of a Roth conversion with what’s called a recharacterization, so you can’t convert too much.

Roth IRA Conversion 2012: Roth Calculator for Prof. Low Income
with No Comments

Who would have thought that someone earning $10,700 might want to purposefully push their taxable income up to $217,450 this year in order to pay $47,595 more in taxes at these lower 2012 tax rates?

Roth IRA Conversion 2012: Roth Calculator for Mr. Esq
with 2 Comments

Who would have thought that someone in the 33% tax bracket now who will be in a lower 28% tax bracket in the future might want to do a Roth conversion at his higher rates now?

Roth IRA Conversion 2012: Roth Calculator for Ms. Small Business Owner
with No Comments

Who would have thought that someone earning $400,000 might want to purposefully push their taxable income up to $1.2M this year in order to pay $280,000 more in taxes at these lower 2012 tax rates?

Roth IRA Conversion 2012: Roth Calculator for Mr. Average
with No Comments

Who would have thought that someone earning $75,000 might want to purposefully push their taxable income up to $275,000 this year in order to pay as much as possible at these lower 2012 tax rates!

Roth IRA Conversion 2012: A Roth Conversion Calculator
with 1 Comment

Nearly everyone is an excellent candidate for executing a Roth conversion this year. But it is helpful to have a target amount in mind before you begin.

Roth IRA Conversion 2012: Are You a Good Candidate?
with 4 Comments

You may be a good candidate for a Roth conversion in 2012 if you can answer “yes” to any of these statements.

The Absolutely Last Chance for a Massive Roth Conversion
with 9 Comments

A tax tsunami is coming at the end of this year. This will be your last opportunity to safeguard your assets in a lifeboat and avoid getting swamped with taxes.

David John Marotta in NAPFA Planning Perspectives Nov/Dec 2011
with No Comments

An article by David John Marotta on how to glean information from your IRS 1040 tax return was featured in the latest Nov/Dec 2011 issue of NAPFA Planning Perspectives.

Video: Even Investment Losses Can Save You Money
with No Comments

In the process of building wealth, saving a penny on your taxes is just as important as earning a penny in the markets.

Roth Regrets? Still Time to Change
with No Comments

David John Marotta was featured in a Wall Street Journal article about the upcoming Roth recharacterization deadline.

Market Skid May Prompt Roth IRA ‘Do-Overs’
with No Comments

Marotta’s Roth segregation technique of conversion and recharacterization was featured in InvestmentNews magazine.

Which Rich Are You Trying to Tax?
with No Comments

Those productive small business owners with higher earnings are a different group from the ultra-wealthy with higher net worths.

How To Cut Taxes On Your IRA Withdrawals
with No Comments

This article from Donald Jay Korn for Investor’s Business Daily describes the benefits of advance tax planning to reduce the tax bite that is inevitable as you grow older and required minimum distributions (RMDs) become a larger portion of your retirement account.

Understanding Your IRS Form 1040
with No Comments

Many people believe a dollar saved on their taxes is not worth the same as a dollar of their salary or a dollar of gain in the stock market. They are correct. A dollar saved on your taxes is actually worth more.

Seventy-Five Days Left For Tax Management
with No Comments

Going forward, tax management will be as significant as investment management in a comprehensive wealth management plan.

Fourteen Tax Management Techniques
with 2 Comments

No one approaches financial planning with the goal of paying more taxes. Tax management, like all financial planning, is based on the premise that small changes made over time can achieve big goals.

Video: Small Business Owners Benefit Most from Tax Planning
with No Comments

Small business owners enjoy more flexibility when it comes to tax maneuvering. That’s why tax planning is especially important for small businesses. Whether your business employs one employee or one hundred employees, last-minute tax moves can save you money, if you act before the end of the year.

Video: Year-End Tax Planning Could Significantly Save You Money
with No Comments

Even if you didn’t make a penny more next year, how can you have more dollars for next year’s holiday
season? Reduce your taxes. Between now and the end of the year there are several last-minute tax moves that may save you significant amounts of money. After January 1st, there’s little to do but pay-up.

Radio: Tax Management And Planning
with No Comments

David Marotta discusses how to increase your after-tax net worth.

Roth Segregation Accounts
with No Comments

A complex technique called “Roth segregation accounts” could earn your investments an extra 30% over the next two years.

1 2 3

Like what you read? Subscribe to our newsletter!