Financial Planning Services Archives

What Business Owners Need to Know About Charitable Giving Tax Changes in 2026

Written by: David Bryant, CPA Key Takeaways New charitable giving rules in 2026 affect both itemizers and non-itemizers, making documentation and planning more important than ever. Higher income taxpayers may face reduced deduction benefits due to new AGI floors and…

New IRS Digital Asset Reporting: What the First Year of Implementation Means for Businesses

Key Takeaways New IRS rules affect more businesses than many owners expect, even those that do not accept crypto Digital asset exposure often comes from systems and platforms, not customer payments Working with a CPA can help business owners understand…

Estate Planning for 2025 and Beyond: What Massachusetts Families and Investors Need to Know

Written by: David Bryant, CPA & Michael Cooper, CPA Estate planning has always been about looking ahead, but the landscape has shifted again. With the federal One Big Beautiful Bill Act (OBBBA) signed into law in 2025 and Massachusetts updating…

Understanding the New IRS Regulations on SECURE 2.0 Catch-Up Contributions for 2026

Key Takeaways Beginning in 2026, employees aged 50 or older who participate in a 401(k), 403(b), or 457(b) plan and earned more than $145,000 from their employer in the previous year must make their catch-up contributions on a Roth (after-tax)…

Developing a Long-Term Financial Vision in Times of Uncertainty

Written by: Todd Ellis, CPA, MST, CGMA Key Points You can’t eliminate economic uncertainty, but you can prepare by setting clear goals and building flexible financial plans. Strong cash flow, diversified revenue, and adaptable operations create resilience. Policy changes like…

Maximizing Charitable Giving: The Power of Appreciated Securities

Written by: Angela Parziale, CPA, MST Managing a complex portfolio involves unique challenges and opportunities, especially when optimizing your financial strategies. While some aspects of your financial situation may be out of your control—like mortgage rates or state taxes—one area…

Estate Planning Essentials for Preserving Generational Wealth

Written by: Jordan Yorks Wealth preservation is a key concern for high- and ultra-high-net-worth individuals, especially when passing on assets to future generations. Estate planning is the cornerstone of ensuring that your wealth is transferred smoothly, efficiently, and according to…

Empowering Your Business Through Strategic Financial Planning

Written By: Todd Ellis, CPA, MST, CGMA Navigating the complexities of business ownership requires a keen understanding of financial planning. A comprehensive financial plan is more than just a set of documents; it’s a roadmap that guides your business through…

5 Strategies for Multigenerational Wealth Management

Written by: Jordan Yorks In the intricate dance of wealth management, transferring assets across generations is a pivotal movement. High-net-worth families, in particular, face unique challenges and opportunities when preparing for this significant transition. This article outlines five foundational steps…

We May Never See a Better Environment for Transferring Wealth … Here’s Why

It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025. Furthermore, legislation could…

Category: Financial Planning Services