Tom’s Q1 Economic Update

Inflation, national debt, deficit spending, GDP, productivity, how does a person sort through and make sense from all this data? In 1966, I was a high school senior, and I recall an economics lesson my father delivered to me at the breakfast table one morning. His focus was deficit spending, and his position was that […]

Tax Planning with Together Planning

“In the world, nothing is certain except death and taxes.” -Benjamin Franklin Tax planning is a key component of financial planning, and we use a cutting edge product called Holistiplan to reduce the lifetime tax burden for our clients. You may have noticed the word “lifetime” in the preceding sentence. Did you know that in […]

Planning for Retirement with Social Security

Social security is an important component of retirement planning for most retirees, even affluent ones. If you have earned income each year over a long career, your projected social security retirement benefits are likely to cover a meaningful portion of your fixed expenses in retirement (though unlikely to cover all of them). Social Security rules […]

A few friendly reminders

Reminder to check your IRA and Roth IRA contribution amounts for 2023 before April 15th! After April 15th, the tax filing deadline, you will no longer be able to contribute more to your IRAs or Roth IRAs for 2023.  If you are under 50 years old, the maximum contribution amount for 2023 is $6,500.  If […]

Are you ready to sign your tax return?

Imagine it’s April and your tax preparer has just sent you a copy of your tax return to sign for e-filing. They probably include something for you to sign saying “I have carefully reviewed this return.” But what do you look for when you review? Many taxpayers find these forms very confusing and don’t know […]

Investing during Election Season

Well, we are now fully in election season. During election years, we are often asked by our clients if we should be changing our portfolio allocations based on who might win the White House or Congress. We wanted to pass along the following article from our friends at JP Morgan which gives one example of […]

Getting ready for Tax Season

Tax season is upon us and one of the most common questions we get from clients this time of year is “What tax documents should I be expecting?”  This is a list of the most common items you will need to collect to prepare your taxes, including the ones that relate to your investment accounts and everything […]

Learn More about Donor-Advised Funds

We hope your New Year is off to a great start. One thing that we have done a lot more of in recent years is set up donor-advised funds for our clients. There are many reasons why these have become popular, and the following article lists many of them. If giving to charities is important […]