Brittany shows a scenario where a Donor Advised Fund (DAF) could reduce your tax bill for years to come. In a year with abnormally high taxable income, consider a DAF as a way to make the most of your charitable donations.

Chris shows how making Qualified Charitable Distributions (QCDs) from an IRA can be a tax-smart way to donate to charities in retirement. If you’re over age 70.5, have an IRA, and want to donate to charities, consider QCDs as a way to minimize your taxable income and maximize your charitable giving! As always, talk with your financial and tax advisor.

The new year is right around the corner, so it’s a great time to revisit your charitable gifting strategy. In today’s installment of our series “Uncertain Seas: Navigating 2021 Tax Reform,” Brittany Mollica has a case study in some tax-efficient ways to give.

Today we have a case study exploring one way to reduce long-term taxes and build net worth. Exploring Roth conversions, Chris Hostetler shows how reading the winds of your changing tax liability can help you decide whether this strategy might work for you.

Today David Wise demonstrates how we use two of our planning tools, eMoney and Holistiplan, to help you steer your financial ship through changing tax waters.

In this Hilltop Views video, we discuss the differences between income tax preparation and tax planning. As financial advisors we know enough to help navigate the choppy seas of income tax, but we are not income tax professionals. We’ll always make sure to collaborate with your tax advisor before setting a course.