There are many tax strategies that are overlooked levers for improving investment outcomes. Reviewing a client’s tax return isn't just a compliance exercise—it’s an opportunity to identify meaningful, actionable ways to reduce tax drag and improve long-term financial outcomes. When integrated with a thoughtful investment plan, tax planning becomes a powerful tool to grow and
Renouncing U.S. citizenship or giving up long-term residency is not only a personal milestone—it’s a complex financial event with major tax consequences. The U.S. exit tax, under IRC Sec. 877A, treats covered expatriates as if they’ve sold all their worldwide assets the day before expatriation, taxing unrealized gains. The rules apply to individuals who meet
If you are a business in Philadelphia and have a loss, you can use that loss against the future profit in the next twenty year and offset that income. This change was approved by the City of Philadelphia in 2018, but required Pennsylvania approval which was granted recently. The New Jersey Small Business Development Center
