Yes, we believe GAIN harvesting is even more impactful than loss harvesting. Ask us about gain harvesting today.
Big Changes with SECURE Act
The SECURE Act represents the most sweeping set of changes to retirement legislation in more than a decade. While many of the provisions offer enhanced opportunities for individuals and small business owners, there is one notable drawback for investors with significant assets in traditional IRAs and retirement plans.
The Qualified Business Income Deduction – Sec. 199A Summary
When sweeping tax reform passed in December, 2017 small business owners rejoiced over a new tax deduction aimed specifically at small businesses with pass-through income. Section 199A provides for a deduction based on Qualified Business Income. Understanding this deduction will be one of those impactful ways to save in taxes going forward.