W. Allen WallaceDec 30, 20215 minTaxesHow Gain/Loss Reporting Can MisleadA note on fund distributions and how they impact your statement and your taxes. It is that time of year again when most mutual funds...
Basepoint WealthDec 14, 20214 minTaxesPlanning for 2022: The IRS Has Increased Several Key Deductions and ExemptionsIncreases in deductions and exemptions are one of the few areas that inflation can help out investors – but you’ll need to plan ahead to tak
Basepoint WealthNov 16, 20214 minTaxesSpousal IRA: A Strategy for Tax-Advantaged SavingLack of an income doesn’t have to mean neglecting tax-advantaged retirement. A spousal IRA expands the retirement savings toolkit.
Basepoint WealthNov 13, 20214 minInvestmentsAsset Location: A Tax Lens on Retirement Investing Asset location can be a complex strategy to implement. But the tax benefits it can provide far outweigh the complexity.
Basepoint WealthNov 11, 20214 minPersonal FinanceYour Year-End Financial Planning ChecklistBefore the holiday season gears up, there are some things you should check off your list so you can keep more of what you make.
Basepoint WealthSep 27, 20216 minTaxesFive Things to Know About Taxes in RetirementMany retirees assume that expenses, such as spending and taxes, will go down once they leave the workforce. This isn’t always the case.
Basepoint WealthAug 27, 20215 minBusinessMaximizing the Value of an Asset Sale: Deferred Sales TrustsA deferred sales trust (DST) allows for the deferral of capital gains tax when selling real estate or other qualified assets.
Basepoint WealthAug 19, 20214 minPhilanthropyDonor Advised Funds: Tax Benefits, Growth and ControlA donor advised fund (DAF) is a savings vehicle that allows for charitable donations and tax benefits, all while the donor still has control
Basepoint WealthMay 24, 20213 minPhilanthropyCharitable Remainder Trusts: Planning for Now and Leaving a LegacyCharitable remainder trusts (CRTs) can help transfer appreciated assets in a tax-efficient way with the ability to provide for a charitable