by Joanne Tackes | Oct 2, 2024 | Estate Planning, Financial Planning, Joanne Tackes
If you are like many diligent property owners, you have worked with an attorney to create a plan for transferring assets after your death. This often involves the formation of a revocable living trust which allows you to retain ownership and control of your assets...
by Joanne Tackes | Jun 28, 2024 | College Planning, Financial Planning, Joanne Tackes
Created in 1996, Section 529 plans – named after section 529 of the Internal Revenue Code – have become one of the most popular ways to save for education expenses. These plans offer numerous tax advantages. Most notably, earnings in a participant’s account grow...
by Joanne Tackes | May 17, 2024 | Joanne Tackes, Living Life
What do you do when your daughter’s boyfriend asks for your blessing and invites you to be a surprise guest at her proposal? Not sure about you, but I packed my bags, grabbed my sun hat and headed off to Disney World! What Katie thought was a photoshoot with TJ and...
by Joanne Tackes | Feb 28, 2024 | Joanne Tackes, Taxes
October 2023 saw the passage of a bill providing $1B in tax cuts for Massachusetts taxpayers. With a new tax filing season upon us, it’s time to discuss some of the notable Massachusetts personal income tax law changes included in this bill as well as other recent...
by Robert Bartley | Nov 15, 2023 | Joanne Tackes, Robert Bartley, Taxes
By Robert Bartley, CFP™, CPA (and Joanne Tackes) The end of the year is fast approaching. A little preparation for tax season now could help reduce your 2023 tax bill, no matter whether you live in Massachusetts, New Hampshire or elsewhere. Read on for some strategies...
by Joanne Tackes | Oct 5, 2023 | Financial Planning, Joanne Tackes, Taxes
Our federal income tax system is progressive – meaning that the tax rate imposed increases as your income increases. See the 2023 tax brackets below for those filing a joint return with their spouse. Married Filing JointTaxable Income RangeTotal Tax DueTax...
