Tag - tax-advantaged savings accounts

Sheaff Brock Investment Advisors | Tax Planning for 2021

Year-End Financial and Tax Planning Tips for Individuals and Couples

Investors maintain caution after the election as control of the Senate remains unclear until after the January runoff election, Sheaff Brock Vice President Tiffany VanHook observes. While this uncertainty makes tax planning more challenging, the possibility of a split government gives hope that the more significant tax increases proposed under Biden’s tax plan will be more difficult to put into effect. The most practical tax-planning approach, VanHook suggests, is to put the emphasis on traditional year-end balancing of portfolio [...]