New year tax changes, JR’s favorite cheat codes, new IRA and 401(k) limits. The purpose of this post is to help you get your financial plan off on the right foot for 2025 by raising awareness of … [Read more...] about What You Need to Know for 2025: New Tax Rules and Cheat Sheets
Tax Planning
Time Is Running Out: Year-End Planning To-Dos
Time Is Running Out: Year-End Planning To-Dos
Don't overlook the items on Financial Planning Hawaii's year-end tax planning checklist. It is also time to think about rebalancing. Every year I find myself scrambling to get out my year-end notice … [Read more...] about Time Is Running Out: Year-End Planning To-Dos
IRS (Finally) Gives Definitive Guidance (Kinda/Sorta) on Required Minimum Distributions from Inherited IRAs.
IRS (Finally) Gives Definitive Guidance (Kinda/Sorta) on Required Minimum Distributions from Inherited IRAs.
By John H. Robinson, Financial Planner (April 2024) Last week, the IRS issued Notice 2024-35, which provided long-awaited guidance on whether non-spouse and not-eligible designed beneficiaries … [Read more...] about IRS (Finally) Gives Definitive Guidance (Kinda/Sorta) on Required Minimum Distributions from Inherited IRAs.
