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Tax Planning Michael Hollis, CFP® Tax Planning Michael Hollis, CFP®

I Sold My House; Do I Owe Taxes?

Thinking about selling your home and wondering about the tax implications? Discover how the IRS’s section 121 can help you avoid paying taxes on significant gains from the sale of your primary residence. Michael Hollis walks through how exclusions and proper calculations can keep more money in your pocket and make your home sale as profitable as possible.

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Tax Planning Michael Hollis, CFP® Tax Planning Michael Hollis, CFP®

Learning to File & Understand Your Tax Return

If you’re interested in a deep dive into filing your taxes, this post is for you. Michael Hollis will break down the 1040 form into seven subdivisions: Information About You, Income You Made, Deductions You Can Take, Taxes You Owe, Credits Applied to Your Bill, Payments You’ve Made, and the Refund Due or Balance Owed...

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Tax Planning, Retirement Planning Mike Heatwole, CFP®, AWMA® Tax Planning, Retirement Planning Mike Heatwole, CFP®, AWMA®

You Just Turned 65. Here are 5 Unique Tax Moves

Learn how older adults can make the most of their retirement and tax planning. From understanding available tax credits and required minimum distributions to deducting medical expenses, managing Social Security taxes, and leveraging spousal IRAs, this guide provides actionable strategies to maximize savings and plan effectively for a secure retirement.

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Tax Planning, Giving & Charitable Planning Mike Heatwole, CFP®, AWMA® Tax Planning, Giving & Charitable Planning Mike Heatwole, CFP®, AWMA®

4 Tax-Savvy Charitable Giving Strategies At Year-End

Year-end charitable giving can be both impactful and tax-efficient. Discover four tax-savvy strategies, including donating long-term appreciated assets, bunching donations, using donor-advised funds, and making qualified charitable distributions to reduce taxes while supporting your favorite causes.

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