Topics
Topic:
Tax Planning
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The Looming ACA Premium Tax Credit Cliff: How Families Can Manage Rising Healthcare Costs
Picture this: You finally have a handle on your healthcare costs. The numbers make sense. The plan fits. But a sudden change in policy could flip everything upside down. It can feel like the ground shifting beneath your feet. For many families, the potential expiration of enhanced ACA Premium Tax Credits at the end of…
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The OBBA §179 Deduction: Conversations Every Business Owner Should Be Having
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Michael Walsh
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Karen Ross, EA
It’s all the buzz… Congress passed another “new law” — the One Big Beautiful Bill Act (OBBBA). In it, major changes to the OBBA §179 deduction start in 2025. For small and mid-sized businesses, this could result in significant tax savings and better cash flow when investing in equipment, technology, or improvements. Forget all the…
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Incorporating Your Business: Unlocking Retirement and Tax Advantages
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Scott DeCecchis
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Ana B. Garcia, CPA, MSA, CTP
Incorporating your business is more than a legal formality—it’s a strategic financial move that can influence your long-term growth, retirement security, and overall tax outcomes. The entity you choose and how you structure your compensation can open (or close) doors to significant tax savings and wealth-building opportunities. Retirement Plan Options for Incorporated Businesses When structured…
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SECURE 2.0 Roth Catch-Up Rule: What High Earners Need to Know Before 2026
Beginning January 1, 2026, a key provision of the SECURE Act 2.0 will take effect that reshapes how retirement plan catch-up contributions are handled. Known as the SECURE 2.0 Roth catch-up rule, this change will require anyone age 50 or older who earned more than $150,000 in wages from their employer in the previous year…
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One Big Beautiful Bill: Key Financial Impacts for LGBTQIA+ Households
On July 4, 2025, President Donald Trump signed the “One Big Beautiful Bill Act” into law—a wide-reaching piece of legislation that touches everything from tax rates and healthcare to education, housing, and family benefits. For LGBTQIA+ individuals and families, some of these changes may create new planning opportunities, while others may require a closer look…
