“Inherited HSA? The Entire Balanceis Taxable Income — This Year" To get my complete article with all the details… Your client has been doing everything right with their HSA. Maximum contributions every year. No withdrawals. Letting it grow like a super IRA. Now they're seriously ill. Their adult child is the beneficiary. And nobody has told them what happens … [Read more...]
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Don’t Lose Millions Over One Missed Election
“Don’t Lose Millions OverOne Missed Election” To get my complete article with all the details… I’ve seen this one trip up even very careful practitioners—and the cost can be staggering. Here’s what caught my attention: A “simple” missed election can quietly erase up to $15 million in tax-free transfer potential. No drama, just… gone. Even when the election … [Read more...]
One missed form. $1.5 million in estate taxes
“One Missed Form.$1.5 Million in Estate Taxes” To get my complete article with all the details… The estate exemption is $15 million. No estate tax is owed. So no filing is needed, right? Wrong. If you want your surviving spouse to inherit your unused exemption, someone has to file Form 706 and make the portability election—even when the estate is well under … [Read more...]
The Hidden Advantages Behind Filing a Gift Tax Return
“The Hidden Benefits ofFiling a Gift Tax Return” To get my complete article with all the details… Most people hear “gift tax return” and think of paperwork they’d rather avoid. But here’s the surprise: filing Form 709 can actually protect you, save your family headaches later, and even lock in tax benefits the IRS can’t challenge after three years. If you’ve given … [Read more...]
Don’t Let 2025’s Crypto Profits Become a Tax Problem
“Crypto Made You Money—Now Protect It from the IRS” To get my complete article with all the details… 2025 has been a record-breaking year for crypto—and if you’ve seen your portfolio climb, you’re not alone. But here’s the catch: the IRS noticed, too. Before December 31, you have a small window to make moves that could protect your profits and lower your 2025 tax … [Read more...]