Steven A. Branson

In case you have not heard about the new reporting requirement, here is a summary from the FinCen.gov website from last January. #reporting

We find clients have not matched their asset ownership and beneficiary designations to their estate plan documents or not updated those documents #estate

Those who are comfortably below the threshold can instead focus their plans on reducing income taxes. #death #taxes #income

Confusion has arisen regarding whether all amounts must be withdrawn annually or cleaned out in year 10.  The IRS added to the confusion. #IRAs

Help you become informed about tax law changes for 2023, so you can respond during the year and save on what you owe next April. #taxes

Giving should show appreciation and respect.  Sometimes a smile or kind word can really make someone’s day. #giving #holidays

The purpose of this post is to help make you more wary so you do not fall victim to any of these scams. #scams #finance #money

Review your 2021-2022 tax planning, consider the impact of future tax rate increases: will bring future income into 2021 avoid taxes on future income

Investing has changed as times have changed … financial planning rules need to change too. #finance #investing #financialplanning