As a CPA, having gone through two major tax legislation changes, I’ve learned that year-round tax planning has become the norm for tax professionals and proactive advice is critical during times of change. The primary goal of tax planning is to maximize after-tax wealth while also achieving non-tax goals.

Whether you're navigating retirement or running a business, the OBBBA introduces new twists to two key tax provisions. Edgar Paz, CPA, breaks down the SALT cap and senior deduction updates, stipulations, and technical aspects so you can make smarter financial moves in 2025 and beyond.

Though their situations and relationships are unique, one of the most significant transitions for all occurs when the first spouse dies.  Everyone is at a different stage of preparation when this happens, so we do our best to help our surviving spouse clients through the next steps of life. 

Losing a loved one is an incredibly difficult experience. During the grieving process, it can be challenging to know what steps to take regarding their important documents. While it may be overwhelming to think about, knowing best practices for storing and keeping documents proactively can help ensure that you have access to valuable information when you need it and help make the process of settling their estate much smoother.

Legacy is more than what you leave behind — it is the foundation you build today to empower the generations that follow. Planning for the next generation requires a big picture approach that adopts traditional tools - like trust and tax services - with newer modern innovations - like financial planning and artificial intelligence (AI).

The Federal Reserve held interest rates at the 4.25-4.5% mark for the third meeting in a row, much to the Administration’s dismay. FED chair Jerome Powell is taking a wait-and-see approach with the impact on the newly introduced tariffs.