RESOURCE CENTER

TAX BLOG

February 20, 2025

Question: Sandra, a partner in TRX, LLC, received a Schedule K-1 (Form 1065) with $45,000 in Box 19, Code C. The instructions for this current distribution indicate that this is [...]

February 19, 2025

Tax deductions 101: choosing between standard and itemized

Taxpayers can deduct either their standard deduction or itemized deductions from their adjusted gross income (AGI) to calculate their taxable income. The key being one or the other, not both. [...]

February 18, 2025

How to respond when a client pushes back on your fees

Has a tax client ever told you, “You’re too expensive”? That’s a common fear when adjusting your fees during tax season. No one wants to hear clients tell them they’re [...]

February 13, 2025

Question: Katherine is a U.S. citizen living in El Salvador. She purchased a personal residence in that country over 12 years ago and has lived there as her primary residence [...]

February 12, 2025

Due diligence requirements help maintain preparer professionalism

Taxpayers who seek professional tax preparers’ assistance expect the preparer will know how to prepare their returns properly. So does the IRS. To help maintain that standard of professionalism, the [...]

VIDEO LIBRARY

401(k)s: The 40-Year Failed Experiment

Tax-deferred accounts, like the 401(k) operate on the optimism that taxes will be lower for us in retirement. However, indicators point to taxes rising in the future. Are there alternatives that can better mitigate tax risks? Watch to hear more.

A Better Place to Store Liquid Capital

Your liquid capital has to reside somewhere. There is an account you can keep it in that offers higher returns than what a bank can provide, while maintaining liquidity. It gives you the ability to leverage someone else’s money to create tax-free passive cash flow. Watch to learn more.

How Market Losses Affect Your Portfolio

When you are ready to start pulling money out for income in retirement, there are few worse places to do so than Wall Street. Market fluctuations can be volatile, and when a loss occurs one needs time in order to recoup it. And, the gain needed just to get back to even is greater than the loss experienced. Watch to learn more.

Saving Money in a Life Insurance Policy

If you could earn 4-6% compounding interest per year on your liquid capital, instead of the next-to-nothing the banks are paying you, would you be interested? What if we told you that no taxes needed to be paid on those earnings? That’s exactly what a properly structured life insurance policy can do. Watch to learn more.

Average Rate of Return is the Wrong Metric

Did you know you can have a positive average rate of return, and still lose money? The “actual rate of return”, or the yield, is a much better indicator of what you get to keep from your investments. Watch to learn more.

Enhancing Real Estate Returns Using Life Ins

Rather than let the bank capitalize and profit off your money, wouldn’t it make sense if you could cut out the middleman and retain your hard-earned dollars? By borrowing out of a properly structured life insurance policy, you could come out of your next home purchase pretty flush with cash. Watch to learn more.

The 401(k) Fallout

The Financial Crisis of 2008 taught many people a hard less about investing too much of their retirement savings into investment vehicles subject to market loss, like a 401(k). Don’t let another market crisis impact your retirement plans. Watch to learn more.

The Retirement Gamble (full documentary)

Trillions of dollars in Americans’ retirement savings are invested in large and small accounts managed by banks, brokerages, and mutual funds. But whether your IRA or 401(k) will assure a safe retirement is largely a gamble. Watch this documentary to learn more.

The Pension Gamble (full documentary)

This 2018 documentary investigates the role of state governments and Wall Street in driving America’s public pensions into a multi-trillion-dollar hole. Are you relying on a pension for a piece of your retirement income? Watch to learn more about why that could be a gamble.

When I'm 65 | Full Documentary

Explore how our financial and lifestyle choices today will affect our quality of life in retirement. Using case studies, engaging animations, and lively expert interviews, “When I’m 65” looks at how aspirations and financial planning for retirement have changed. Original airdate 1/25/16.

The Untouchables (full documentary)

In this documentary, producer and correspondent Martin Smith investigates why the U.S. Department of Justice failed to act on credible evidence that Wall Street knowingly packaged and sold toxic mortgage loans to investors, loans that brought the U.S. and world economies to the brink of collapse.

Can You Afford to Retire? (full documentary)

In this 2006 documentary, Can Your Afford to Retire?, FRONTLINE correspondent Hedrick Smith investigates the financial crisis and what middle-class Americans face in retirement. Don’t let another market collapse threaten your retirement plans. Watch to learn more.

The Coming Retirement Crisis | Raoul Pal

In this hard-hitting Real Vision special, Raoul Pal presents the single most important financial topic of a generation — the Baby Boomer retirement crisis. In addition, Raoul also offers a glimpse of a brighter future, in which smart millennials take control of their own financial destiny and side-step the crisis. Watch to learn more.

we are Here To Help!

If you have questions about any of the resources, concepts, or content from this page. Please do not hesitate to reach out to our team. You are welcome to schedule a visit using the button directly below.