by Laurie Otey | Jun 29, 2026 | Financial Planning, Tax Strategies
If your advisor is not talking with you about year-end tax planning by the fall, it may be time to start the conversation yourself. That does not mean you need to make rushed decisions. In fact, the opposite is true. The earlier you begin, the more time your advisory...
by Laurie Otey | Jun 5, 2026 | Financial Planning, Tax Strategies
A Roth conversion can sound simple on the surface: move money from a pre-tax retirement account into a Roth account, pay the tax now, and potentially create more tax flexibility later. But in practice, the decision is rarely that simple. A Roth conversion is not just...
by Laurie Otey | Jan 25, 2026 | Accounting, Financial Planning, Individuals & Families
Qualified Tips Deduction (§224) Annual Deduction Cap: $25,000 Eligible Income: Cash tips reported on required statements or Form 4137 Occupation Restriction: Only listed occupations qualify where tipping is customary. MAGI Phase-Out Threshold: $150,000 (Single)...
