Author: Chris Kavinsky

Are you tired of spending money on toys that just end up broken or in the back of a closet? Well, have you thought about giving a gift that keeps on giving? Financial gifts cut down on clutter and can help children in the future. Money loses value because […] Click here to view original […]

RALEIGH, N.C. — Financial experts say now is the time to start thinking about money moves that will set you up for success in the new year. This comes after a year of increasing housing and rent costs, interest rate hikes and grocery prices. What You Need To Know […] Click here to view original […]

Your wealthy clients likely deal with IRS tax forms more than other clients—and it’s likely they’re getting these forms late in the year from the businesses and employers reporting things like their income and investment proceeds. Many forms begin arriving early in the calendar year. But some of the […] Click here to view original […]

You’ve heard “Use it or lose it.” Well, when it comes to you clients’ kids, it’s “Know them or lose them.” That means, you need to get to know them well—before the clients pass away and their money transfers to the next generation, according to financial advisors and firm […] Click here to view original […]

The Internal Revenue Service recently bumped the income thresholds for its tax brackets by 5.4% for 2024, its latest adjustment to account for elevated rates of inflation. The move is unlikely to produce a material change on most Americans’ tax burdens, according to financial advisers. Rather, it is designed […] Click here to view original […]

Section 1202 of the Internal Revenue Code has long allowed taxpayers to exclude the sale of certain qualified small-business stock from federal capital gains taxes, creating a tremendous lure for investing in small businesses. “If certain requirements are met at the time of the investments, investors can exclude up […] Click here to view original […]