470 W. 78th St Suite 210, Chanhassen, MN 55317
Call Me Today: (952) 470-0750

Blog

13 Feb
2023-2_Don’t Pay More in Taxes Than You Should- These Are the Most Overlooked Tax Deductions
Don’t Pay More in Taxes Than You Should: These Are the Most Overlooked Tax Deductions

By Colleen Weber, CFP®, CPA

Tax season is here, and many are already feeling the stress that comes from sifting through the complexity of the tax code. However, with the right knowledge and resources, you can get the support you need to take advantage of available deductions and keep more of your hard-earned money. Read on for 6 of the most commonly overlooked deductions that can help you save on your tax return and put more in your pocket.

Read More “Don’t Pay More in Taxes Than You Should: These Are the Most Overlooked Tax Deductions”
18 Oct
2022-10_4 Ways to Reduce Capital Gains Tax
How to Reduce Capital Gains Tax

By Colleen Weber, CFP®, CPA

Capital gains can be an ugly phrase to most investors. But those gains are a positive for you; it means that an investment or asset you held and sold did well and earned you a profit. And as with any profit, the IRS will come calling. Today let’s discuss four strategies to help you minimize your capital gains taxes.

Read More “How to Reduce Capital Gains Tax”
12 Jan
Don’t Leave the IRS a Tip: The Importance of Tax Planning and Reviewing Your Return

By Colleen Weber, CFP®, CPA

I’ll let you in on a secret: one of the best ways to retain more of your wealth is to reduce the burden of taxation. And this isn’t something to deal with once a year when tax day comes; ongoing tax planning can help you strategically reduce your tax bill so the IRS doesn’t get more of your money than they should. 

Read More “Don’t Leave the IRS a Tip: The Importance of Tax Planning and Reviewing Your Return”
10 Feb
Could A Retirement Tax Advisor Help You Unlock The Retirement Of Your Dreams?

By Colleen Weber, CFP®, CPA

Retirement will be the best time of your life! You’re ready to leave the 9-5 world behind and kick back and enjoy time with family and friends. You’ve worked hard for your money and have built substantial retirement assets. Do you know how taxes will affect your nest egg? Taxes in retirement isn’t something that everyone thinks about, but they should, especially if they have multiple tax-deferred plans. You need a tax strategist by your side helping you make choices that might affect the rest of your retirement. 

Read More “Could A Retirement Tax Advisor Help You Unlock The Retirement Of Your Dreams?”
10 Dec
Year-End Tax Strategies

By Colleen Weber, CFP®, CPA

The holidays are fast approaching and the new year is following closely behind. And while most of us want to put 2020 behind us, before you mentally move into 2021, be sure to pay some attention to your taxes. Even though taxes are not at all festive, proactively planning can save you money, and that’s cause for celebration! Here are some year-end tax strategies that you may benefit from.

Read More “Year-End Tax Strategies”
05 Feb
How To Prepare For Tax Season

By Colleen Weber, CFP®, CPA

Tax season often brings up plenty of anxiety. It’s not that Americans are against paying taxes, (1) it’s because the whole process is complicated. With over 900 IRS forms available (2) and constant policy changes being implemented, such as the Tax Cuts & Jobs Act and the new SECURE Act, it’s no wonder that 50% of people would rather be called for jury duty than file their taxes. (3)

Read More “How To Prepare For Tax Season”
29 Apr
The Long Reach of the IRS

The Long Reach of the IRS

You probably don’t spend a lot of time feeling sorry for a U.S. citizen named Meghan Markle, who is about to tie the proverbial knot with Prince Harry of England. But an article in the Wall Street Journal notes that Ms. Markle, and other American citizens who marry foreigners, face a lifetime of harassment by America’s Internal Revenue Service. Read More “The Long Reach of the IRS”