Category: Personal Finance
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Start Early: A Business Owner’s Playbook for Keeping More of Your Sale
According to McKinsey, roughly six million (6,000,000) small- and medium-sized American businesses will face an ownership transition over the next decade. Many owners are reaching retirement age while the next generation either isn’t ready or isn’t interested in taking over. Add the artificial-intelligence boom and accelerating consolidation across media, software, manufacturing, and wealth management, and…
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Tax Implications of Selling Your Primary Home
After years of rapid home price appreciation, many homeowners are now sitting on significant unrealized gains. Even with higher interest rates slowing transaction volume, values in many markets remain well above pre-pandemic levels. For homeowners who purchased years ago a sale today can easily trigger gains that exceed the $250,000 or $500,000 exclusion thresholds. That…
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Charitable Contribution Deductions in 2025 & 2026
Charitable giving remains deductible in 2025 and 2026, but who gets the benefit and how much changes, especially beginning in 2026. The rules differ based on whether: Below is a high-level summary followed by examples. Cash contributions can be made via cash, check, ETF, or credit card. Non-cash contributions generally consist of public or privately…
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What You Should Know About Private Equity in Your 401(k)
Private equity (PE) is no longer just for institutions and millionaires. A change in Department of Labor guidance (under the Trump administration) now allows 401(k) plans to offer indirect exposure to PE through diversified funds like target-date or balanced funds. You still can’t pick a private equity fund directly in your retirement account — but…
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Early Withdrawals from your tax-deferred account
If you’re under age 59½ and withdraw money from a traditional IRA, the distribution will generally be taxable, and it may also be subject to a 10% early withdrawal penalty. However, understanding how withholding works, and when exceptions apply, can help you avoid surprises. Income Taxes vs. Withholding It’s important to distinguish between: These are…