Our 2020 Year-End Planning Checklist for Uncertain Times
One adjective that describes this year is âuncertainâ. Regardless of what the future brings, proactive year-end planning is always essential. Here is a checklist of things to consider before the end of 2020.
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Benefiting From Historically Low Mortgage Rates
If you have not given serious thought to refinancing or analyzing how borrowing at low rates may benefit your broader financial situation, now is the time. Many financial rates are at historic lows due to current conditions, market instability...
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Next Nest: Working Remotely Through COVID-19
In this edition of Next Nest, the Carlsonsâ son and his fiancĂŠe deal with working remotely during COVID-19 and leaving their NYC apartment to quarantine at the familyâs beach house. Sate income taxation rules are complex, and the increase...
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Proposed Regulations on Carried Interest Taxation
The TCJA quietly added a provision to tax certain âcarried interestsâ at a higher tax rate. That additionâInternal Revenue Code Section 1061 (IRC 1061)âtaxes certain carried interests at the ordinary income tax rate. Simply stated, carried interest is the...
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Five Frequently Asked Questions About Saving For Education
There are many factors to consider when saving for future education costsâthe time between now and when the funds are needed, risk tolerance of the investor, investment preference, and individual tax situation. It may be obvious, but we always...
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