Roth IRA
What’s in the SECURE 2.0 Act?
Submitted by Desmond Wealth Management, Inc. on January 31st, 2023Last-Minute Year-End Tax Strategies
Submitted by Desmond Wealth Management, Inc. on December 4th, 2022Managing Gains and Losses in a Turbulent Year
Submitted by Desmond Wealth Management, Inc. on November 15th, 2022
It's been a rough Fall for the stock market - so much so that you should probably carefully review your portfolio and other capital transactions to minimize gains or maximize losses for the year. Remember, capital gains and losses are not just limited to stock transactions. For example, stock losses can offset the gain from the sale of a rental.
Summer Employment for Your Child
Submitted by Desmond Wealth Management, Inc. on May 11th, 2022Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
Submitted by Desmond Wealth Management, Inc. on October 16th, 2021
Whether you’re saving, investing, spending, bequeathing or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. No wonder people get nervous when there’s lots of talk about higher taxes, but little certainty on what may come of it, and who it might affect.
Tax Issues to Be Aware of as Year-End Approaches
Submitted by Desmond Wealth Management, Inc. on December 16th, 2020
It seems hard to believe, but the holiday season is almost upon us, and that means that the 2020 tax preparation season will soon follow. With the end of the tax year just weeks away, it may be appropriate (especially this year, in light of the financial havoc created by COVID-19) to review some year-end tax issues that might reduce your tax bite for 2020 or provide long-term tax benefits.
You, Your Retirement and the SECURE Act
Submitted by Desmond Wealth Management, Inc. on February 16th, 2020
You may have missed the news – buried in a much bigger spending bill and passed in the thick of the holiday season, but after months of nearly bringing it to the finish line, it’s now official: On Friday, December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law.