Good Financial Reads: Strategies to Save on Your Taxes

More Strategies to Save You Taxes In Case the Tax Cuts and Jobs Act Expires in 2026

by Meg Bartelt, Flow Financial Planning 

Big tax changes are a’ comin’. Maybe. In our last blog post, I discussed one big strategy to take advantage of the possible expiration of the Tax Cut and Jobs Act: the fabled Roth conversion.

The TCJA went into effect on January 1, 2018. All of the TCJA’s changes to tax law will expire at the end of 2025—and tax rates and other rules go back to the pre-2018 levels—unless Congress renews it.

In this blog post, let’s cover a few more strategies that might end up being really helpful to have done if the TCJA does indeed expire. But remember, because we don’t know whether the TCJA tax laws will expire or be renewed, you only want to make moves now if you’ll still be okay regardless of whether Congress renews it or lets it expire. Don’t go bettin’ the farm on Congress doing or not doing something.

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Depreciation: The Overlooked Tax Break for Landlords

by Dawn Mabery Chestnut, CFP®, MSPFP, ChFC®, AIF®, MPAS™, Mabery Consulting, LLC 

Depreciation is a crucial tax deduction for rental property owners, yet it's often overlooked or misunderstood. This oversight can lead to significant financial consequences down the road.

​Let's explore why depreciating your rental property is essential and the potential pitfalls of neglecting this tax-saving strategy.

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What to do with my Restricted Stock Units (RSUs)

by Levi Sanchez, CFP®, CPWA®, CEPA®, BFA™, CBDA, Millenial Wealth LLC 

Restricted stock units, or RSUs, are a form of equity compensation often awarded to executives or employees in the technology industry. They’re used as an additional form of compensation in addition to a salary. They can be viewed as bonus compensation but as company stock. RSUs can be extremely valuable and offer several planning opportunities to assist in reaching your financial goals. However, if you’re not familiar with their mechanics, tax implications, or other opportunities they provide, you’re likely left asking what to do with my RSUs? This article will provide everything you need about restricted stock units to maximize their benefit for your financial goals. 

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Tax Alert to Business Owners

by Dawn Mabery Chestnut, CFP®, MSPFP, ChFC®, AIF®, MPAS™, Mabery Consulting, LLC 

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