Archives
The Mega Backdoor Roth: A Powerful Strategy for Solo Business Owners
April 15, 2025
If you’re self-employed or a business owner with no full-time employees—and you’re drawn to the long-term advantages of Roth-style retirement savings—the mega backdoor Roth strategy may be one of the most valuable financial tools at your disposal. What is the… Read Now >>
How to Use a Qualified Charitable Distribution (QCD) to Save on Taxes
April 8, 2025
If you have a traditional IRA and are age 73 or older, you’re likely familiar with required minimum distributions (RMDs). These are the annual IRA withdrawals the IRS mandates once you reach a certain age. These withdrawals are based on… Read Now >>
Creating a Lasting Legacy Through Thoughtful Planning
March 26, 2025
True wealth isn’t just about financial success—it’s about the impact you leave behind. As a high-net-worth entrepreneur, you have the unique opportunity to shape your legacy through philanthropy, family governance and impact investing. These strategic approaches ensure that your wealth… Read Now >>
Balancing Risk and Opportunity in a Volatile Market
March 18, 2025
In today’s unpredictable economic climate, high-net-worth individuals (HNWIs) must adopt a strategic approach to investing. Market volatility, geopolitical uncertainties and fluctuating interest rates require investors to reassess their portfolios to ensure you remain resilient and growth-oriented. Successfully navigating this environment… Read Now >>
Scaling a Business in 2025: Growth Strategies for Entrepreneurs
March 11, 2025
Entrepreneurs looking to scale their businesses in 2025 must navigate an evolving economic landscape with strategic precision. Economic fluctuations, changing interest rates and shifting consumer demands make it essential to balance aggressive growth with financial stability. To achieve sustainable expansion,… Read Now >>
Tax Strategies for 2025: How High-Net-Worth Entrepreneurs Can Optimize Their Returns Before the April Deadline
March 5, 2025
As the 2025 tax season approaches, high-net-worth entrepreneurs must take a proactive approach to minimize liabilities and maximize deductions. With evolving tax laws and potential regulatory changes, now is the time to review your tax strategy and implement optimizations before… Read Now >>
Understanding Unrelated Business Income Tax (UBIT) in Your IRA
February 25, 2025
Do you own a traditional IRA, Roth IRA, SEP-IRA or SIMPLE IRA? These retirement accounts typically offer tax-free growth on investments in common assets such as stocks, bonds, mutual funds, ETFs, CDs and Treasury Bills. However, if your IRA engages… Read Now >>
Maximizing Tax Deductions When Purchasing a Business Vehicle
February 18, 2025
If you’re thinking about purchasing a vehicle for business use, you could be eligible for significant tax deductions. The right approach can help you maximize savings, especially when combined with a qualifying home office. Here’s how you can take advantage… Read Now >>
Maximize Tax-Free Health Benefits with Your Spouse as an Employee
February 11, 2025
If you run a sole proprietorship or a single-member LLC taxed as a proprietorship, and your spouse is your only eligible employee, you have a unique opportunity to reduce your tax liability while providing tax-free health insurance benefits. This strategy… Read Now >>
Strategies to Unlock Rental Property Tax Benefits
February 4, 2025
Deducting rental property tax losses against other income can be a complex challenge. The IRS has strict rules on how losses are classified, and simply owning rental properties does not automatically allow you to offset those losses against your wages… Read Now >>
