Proposed Federal Tax Changes: How Can You Protect Your Assets?
With the announcement of the economic stimulus plan in 2021, the federal government also outlined several tax changes that could affect individuals in high income brackets.
Above and Beyond 'Typical' Wealth Management
Tax time can be a stressful and complicated time for people with highly diversified financial portfolios. The greater variety of financial interests a person has - from owning an interest in a medical practice, family business, vacation home, rental property, farmland, stocks, art, gold, and more - the more complex things can be.
Taxation of Investments
It's nice to own stocks, bonds, and other investments. Nice, that is, until it's time to fill out your federal income tax return. At that point, you may be left scratching your head. Just how do you report your investments and how are they taxed?