Todd Schanel, CFP®, CPA, CFA, Jackie Goldstick, CFP®, and Douglas Marcello, CFP®, ChFC®

Tax Planning Opportunities Under the One Big Beautiful Bill Act

Insights

The One Big Beautiful Bill Act (OBBBA) introduces a host of tax changes beginning in 2025. While some provisions are temporary and others phased in, there are important planning implications for individuals and families to be aware of. Understanding not only what changes are coming, but also how to coordinate them with your broader financial…

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Financial Planning Essentials: Tax Preparation versus Tax Planning

Blog, Financial Advisor, Taxes

While tax preparation and tax planning are both critical components of managing your financial health, they serve distinctly different purposes. It’s essential to understand the difference between these two processes. Tax preparation focuses on reporting past financial activities. This involves compiling and submitting tax returns to the IRS to report income, deductions, and credits for…

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