Tax planning

Latest Stories

Five Smart Ways to Use Your Tax Refund

By Margaret Muldoon | April 7, 2015

First, let’s talk about what to do with this year’s refund, and then we can explore how to change things so that you get to keep your money this year.

The Two Secrets to a Successful Small Business Retirement

By Lynn Nolan | March 24, 2015

Like so much else in business, owners need a plan — a strategy — to prepare properly for retirement.

10 Tips to Ensure Your Beneficiary Designations Square with Your Estate Plan

By Penn Mutual | February 3, 2015

Estate planning uses many tools to transfer assets to beneficiaries and heirs. However, there is one area of estate planning that is often overlooked: the disposition of many assets following an individual’s death may be directed not by Will, trust, or other planning document – but by contractual beneficiary designation.

Has Your Estate Planning Caught Up with the Latest Tax Law Changes and Planning Opportunities?

By Penn Mutual | December 30, 2014

The American Taxpayer Relief Act of 2012 (ATRA), enacted January 2, 2013, made significant changes impacting federal wealth transfer taxes and income taxes – creating new planning challenges and opportunities.

Hidden Dangers of Retirement: Taxation

By Lynn Nolan | October 28, 2014

There is this myth that when you retire you’re going to be in a lower tax bracket. Maybe you are, maybe you aren’t. Most people focus on saving money for retirement, but few put any planning into how to withdraw the money in the most tax-efficient way.