taxes

5 Year-End Tax Planning Strategies for 2021

The end of the year is quickly approaching and as people turn their attention to holiday celebrations with friends and family, taxes are naturally the last thing on their minds. However, implementing one or more of…

Common Cents Blog

Common Cents & Energy

Since Halloween, the 2021 United Nations Climate Change Conference, also known as COP26, has been going on in Glasgow, Scotland. An estimated 25,000 delegates from roughly 200 countries, including many heads of state, have attended in…

“Build Back Better” Tax Plan Update

Yesterday afternoon, the newest version of the “Build Back Better” Tax Plan was released. While this is only a proposal it is worth noting that there are several major changes from the version of the bill…

Death, Taxes, & Tax Law Changes

Written By: Mac Frasier Director of Planning, Advisory Services   It is probably time to update the old saying “there are only two certainties in life: death and taxes” to include “changes to the tax code.” …

Common Cents Blog

Common Cents & A Really Bad Idea

Yesterday, Bloomberg News leaked a story about the Biden Administration’s plan to increase the long-term capital gains tax rate for ‘high income earners’ to 39.6%. Couple this with the 3.8% surtax to help fund Medicare, and…

Common Cents Blog

Common Cents for September 28th 2012

If you read the news enough, you could conclude the world increasingly doesn’t understand the very basic risk/reward paradigm. Essentially, the amount of reward you receive is commensurate with the amount of risk you take. To…