Featured post:
Big Beautiful Breakdown: Benefits of Section 529 Plans for Continuing Education
Section 529 plans—often called qualified tuition plans—have long been one of the most effective ways to save for education expenses. These tax-advantaged accounts allow parents, grandparents and even individuals to invest for future learning while minimizing taxes along the way.… Read Now >>
Episode 18: How Much Real Estate Should You Have In Your Portfolio?
April 12, 2019Traditional financial advice typically disregards real estate investment from the asset allocation conversation. Real estate is often called “complex” or an “alternative” investment. Meanwhile the public markets consisting of Stocks, Mutual Funds and ETFs are conventionally believed to be the… Read Now >>
Why Real Estate is Overlooked by Most Financial Advisors
April 10, 2019
When you mention real estate investment to many financial advisors, you may just get a look of concern or confusion. It’s not that they don’t believe it is another way to build wealth. It’s that they may not fully understand… Read Now >>
Episode 17: The Powerful Tax Benefits of Real Estate Investing
April 4, 2019Real estate is one of the most popular investment strategies for building wealth, preserving it and creating enduring financial freedom. Investing in real estate opens a treasure trove of tax advantages that the traditional investment strategies sold on Wall Street… Read Now >>
The Major Tax Benefits of Real Estate Investing
April 3, 2019
There’s a reason that so many real estate magnates show up when you look at lists of some of the wealthiest and most influential individuals in the world. We even have one sitting in the Oval Office right now, but… Read Now >>
Episode 16: The Costly Mistakes on your Tax Return
April 1, 2019Do your eyes gloss over when you look at your tax return? Do you even truly know if your returns are prepared accurately? Are you aware of any last minute tax saving opportunities? We have found that most people answer… Read Now >>
Client Case Study: Coordinated Tax Planning to Unlock a Brighter Future
March 27, 2019
We’ve talked a lot about tax planning this month, and sometimes it helps to see some of these tax strategies in action with real-world results. Though we will not share any names in order to protect the privacy of Illumination Wealth’s… Read Now >>
Episode 15: How To Realize Tax Savings From Your Personal Lifestyle
March 22, 2019Wouldn’t it be nice if all of our lifestyle spending was tax deductible? Well, there are ways to coordinate personal lifestyle planning strategies with solid tax planning to save you thousands of dollars per year in taxes. There is however… Read Now >>
How to Use Your Personal Lifestyle for Business Tax Savings
March 20, 2019
Being self-employed has its advantages, especially when it comes to tax planning. There are numerous tax and retirement planning strategies you can employ by integrating certain aspects of your personal lifestyle into your business finances. First, a quick disclaimer. It… Read Now >>
Episode 14: How Warren Buffett Has A Lower Tax Rate Than You
March 18, 2019Building wealth isn’t about how much money you make, it’s about how much money you keep. One of the biggest factors in how much you get to keep is directly related to how much of your income goes to taxes.… Read Now >>
Episode 13: The Value Of Changing Your Mindset Around Taxes
March 18, 2019You may not realize this but taxes are likely your single biggest expense when you add them all up – Federal Income Tax, State Income Tax, Payroll Tax, Corporate Tax, Sales Tax, Property Tax, and the list goes on. But… Read Now >>
