Tag: Income Tax Planning

Article
September 27, 2023
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Tax-Smart Charitable Donations to Consider Before the End of 2023

With the start of the fourth quarter comes the season of giving. If you’re thinking of donating to your favorite charity in Q4, here are some tips on how to make a difference while reducing the impact on your wallet.

Article
July 20, 2023
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Summer Childcare Budgeting – FSA or Tax Credit?

Childcare comes with a hefty price tag. But there are two strategies that can help alleviate the burden during the costly summer season: employing a Dependent Care Flexible Spending Account (FSA) and using the Child Care or Dependent Care Tax Credit.

Article
July 1, 2023
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Comprehensive and Integrated Planning for Your Financial Future

Financial advisor Don Duncan discusses Savant’s integrated approach and how the 10 key planning areas work together to help clients work toward achieving their financial goals.

Article
June 29, 2023
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Financial Planning: How to Build Generational Wealth That Lasts

Nothing is easy when it comes to building significant net worth from the ground up; it can take decades of hard work, sacrifice, and discipline. But there may be one thing that can seem harder: ensuring your family holds on to that wealth after you’re gone to create generational wealth.

Article
May 9, 2023
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How to Make Next Year’s Tax Season Less Stressful

Getting organized and staying vigilant may make next year’s tax season less stressful. Here are some tips to get you started.

Home
April 24, 2023
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How Do I File Taxes After My Spouse Dies? | Ask a Savant Financial Advisor

After your husband or wife dies, you will be dealing with a major financial change on top of a major life change. Filing your spouse’s final tax return may be especially stressful because you don’t know what you don’t know.

Article
February 27, 2023
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Answers to Common Questions about Charitable Gifting

In addition to benefiting charities, donations can also be helpful to the giver, if you know the rules about taxation. Here are some answers to frequently asked questions about charitable gifting.

Article
February 7, 2023
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Beyond Tax Prep: Why Tax Planning Should Be a Priority

Year-round tax planning can help reduce the pressure you may feel at tax time. Tax planning involves developing and implementing long-term strategies to help ensure you’ll pay the least amount of taxes over your lifetime, rather than in any given year.

Savant Views & News
November 18, 2022
Savant Wealth Management Webinar

Income Tax Myths vs. Facts [On-Demand Webinar]

Our team of tax professionals recaps legislative changes made in 2022 and what’s on the horizon for 2023. They also uncover 10 common tax myths and share tax strategies.

Article
October 26, 2022
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IRS Changes Could Lower Your 2023 Tax Bill

Last week, the IRS announced a variety of tax-related adjustments designed to offset the effects of inflation. These adjustments generally apply to the 2023 tax year, for returns that will be filed in 2024.

Article
September 21, 2022
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Time for Pumpkin Spice Lattes, Sweaters, and … Year-End Tax Planning?

With just a few months left in 2022, most taxpayers have a good idea where their income will end up for the year. Based on this information, it is time to review your tax situation and take action before the year-end deadline.

Savant Views & News
April 7, 2022
Savant Wealth Management Webinar

Avoiding a Big Tax Surprise [On-Demand Webinar]

This educational webinar can help you develop a game plan for how to incorporate tax planning effectively throughout the course of the year.