Financial Perspectives
Tax planning and preparation resources
A thoughtful approach to taxes and their impact can help keep your financial plan on track.
Tax deductions and credits
Taxes and retirement
Taxes and investing
Your tax refund
Featured content
Quick reference tax planning guide
Stay on top of the current tax rates and other information you’ll need for tax planning and preparation.
Resources for year-round tax planning
Tax planning isn't a once-a-year activity. Learn how you can be more strategic about your taxes year-round.
Should I use a loan to pay taxes?
A large taxable event could mean using a loan to pay taxes makes financial sense. We outline the options and their pros and cons.
Latest tax and legislative updates
Tax law changes can impact your financial plan. Get details on legislation that may affect your tax bracket, deductions, retirement savings and more.
Learn what new tax law changes included in the Inflation Reduction Act and SECURE Act 2.0 may mean for you.
The Secure 2.0 Act, signed into law at the end of 2022, may empower you to reach your savings goals sooner and offer more flexibility in retirement.
The American Rescue Plan Act expands the child tax credit and makes those payments directly to families.
The TCJA, effective through at least 2025 barring new tax law changes, cuts tax rates across many income brackets and nearly doubles the threshold for itemized deductions.
Tax deductions and credits
Let’s answer a few key tax questions. Should you take the standard deduction or itemize? Do you know what taxes apply to you? These articles will help you be fluent in tax terminology.
Depending on your situation, you could save more by skipping itemizing and taking the standard deduction.
Individuals and couples with higher income or significant assets may be subject to taxes that don’t apply to others. Here’s a rundown of what you need to know.
The AMT was created to make sure taxpayers in higher tax brackets pay their fair share of taxes. Here’s how it could affect you at tax time.
Taxes and investing
Being intentional about your investments with regard to tax impacts will ensure you’re prepared when tax time comes around. It may even reduce your overall tax burden.
Using a variety of investment accounts and financial strategies may help reduce the taxes you pay over your lifetime.
Understanding your portfolio’s tax characteristics is a step toward more efficient investing.
Taxes and charitable giving
Charitable giving and other tax-deductible donations support the causes you care about while reducing your tax burden. With the right strategies your money can do more.
You have tremendous flexibility in choosing how to give. A charitable giving strategy can help you achieve the impact you envision and take advantage of tax benefits along the way.
Qualified charitable distributions and gifts of appreciated stocks offer prime opportunities to enhance your giving and potentially take advantage of greater tax savings.
Taxes and retirement
Different retirement accounts have different tax advantages, so keep taxes – and how you want to use the money – in mind when choosing between them.
You’ve worked hard to save money for retirement, but do you have a plan in place for spending it?
Don’t overlook the impact of taxes as you plot out your retirement income strategy.
If you have an IRA or have contributed to an employer-sponsored retirement plan, it’s vital to know the rules around RMDs, including deadlines and how to calculate required minimum distributions.
Unlike a traditional IRA, a Roth IRA allows you to contribute after-tax dollars now and withdraw contributions tax-free in retirement. Get more details on Roth IRA contribution limits, Roth IRA income limits and Roth conversions.
Your tax refund
Should you invest it? Treat yourself? Depending on your financial goals there are plenty of possibilities for what you can do with your tax refund.
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