Welcome to the Financial Tax Planning category on michaelryanmoney.com, your source for expert advice on tax planning strategies from retired financial planner and personal financial expert, Michael Ryan. In this section, we cover everything you need to know about tax planning, including tax strategies, tax deferral, and tax-free investing.
Tax planning is an essential part of managing your finances and ensuring that you’re maximizing your savings. In our articles, we explore various tax planning strategies and provide guidance on working with tax professionals, such as CPAs or accountants, to optimize your tax prep and advice. Michael Ryan’s extensive experience as a financial coach and planner shines through in each article, offering practical advice to help you reduce your tax liability and increase your savings.
By reading the articles in this section, you’ll learn how to create a tax plan that meets your unique needs and goals. From understanding tax brackets and deductions to exploring tax-free investment options, we cover all aspects of tax planning. So start exploring our articles today to better your personal financial situation and work towards your financial goals. By optimizing your tax strategies, you can keep more of your hard-earned money and invest it in building your wealth for the future.
On January 1, 2021, Tennessee officially eliminated the TN Hall Income Tax, which previously taxed certain investment income. This move positioned Tennessee among the few...
That official envelope arrives. Inside, Form 1099-S, Proceeds From Real Estate Transactions. It relates to the family home or piece of land you inherited and...
Hi, I'm Michael Ryan, a retired financial planner with over 25 years of experience helping individuals navigate the complex world of investment taxes. One...
Hey there, future home-seller! I’m Michael Ryan, a retired financial planner with over 25 years of experience helping people like you maximize their wealth....
Did you know California has one of the highest combined capital gains tax rates in the country? And it can significantly impact investment decisions...
Did you know that inheriting property could potentially cost you thousands in taxes? While receiving valuable assets is exciting, the looming specter of capital...
As an experienced financial planner, I've guided countless clients through 1031 exchanges over my 25+ year career. These tax-deferred transactions allow real estate investors...
