The “No Tax on Social Security” Headline Could Make Retirees Miss a Bigger Tax Opportunity
You have probably seen the headline: “No tax on Social Security.” As of September 2026, that is not a complete description of current federal law. Social Security retirement benefits can still be taxable depending on income. What did change is a temporary enhanced…
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The “New Inheritance Tax” on Large IRAs: Could Your Children Inherit a Tax Headache?
If you have a large traditional IRA, your children could inherit more than an investment account. They could also inherit a significant future income-tax obligation. The SECURE Act did not create a new inheritance tax. But for many families, its inherited IRA rules…
Tax Planning Opportunities for Hoosiers Affected by the August 2026 Storms
The IRS recently announced Hoosier tax relief for individuals and businesses affected by the severe storms, straight-line winds, tornadoes, and flooding that began in Indiana on August 11, 2026. Indiana also provided corresponding state tax relief. The Indiana…
New 2026 Tax Changes: What High-Income Overtime Earners in Indiana and Chicagoland Should Review
For many Indiana and Chicagoland families, a strong income does not come from one simple paycheck. It may come from overtime, shift differentials, union wages, public safety schedules, healthcare demand, two W-2 incomes, bonuses, taxable investments, and years of…
Why Fall Is the Real Deadline for Year-End Tax Planning
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…
Why High Earners Should Treat Retirement Planning as Tax Planning
Retirement planning is not just about saving enough. For high-income earners, it is also about coordinating taxes, Roth conversions, taxable brokerage assets, Social Security timing, and required minimum distributions to better understand future after-tax income.
Why Growing Wealth Requires More Than Investment Returns
Investment performance matters. For high-income individuals and retirees, portfolio growth can help create flexibility, support retirement income, and preserve wealth for the next generation. But returns are only one part of the story. A portfolio can look strong on…
Tax-Efficient Investing for High-Income Indiana Residents
How to Reduce Tax Drag in a Taxable Brokerage Account For many high-income investors, the question is not just, “How did my portfolio perform?” It is also, “How much of that return do I actually keep after taxes?” That distinction matters, especially if you are an…
Trump Accounts, Taxes, and Family Wealth Planning: What to Consider First
New tax provisions often create two things at once: opportunity and uncertainty. For parents and grandparents with meaningful assets, the question is rarely as simple as, “Can we open this account?” A better question is, “Does this account fit into our broader plan?”…
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