Sharing the Wealth – Tax Free Ways to Gift to Children

By Caleb Arringdale If you have children or grandchildren, there are good reasons for choosing to pass along some of your wealth during your lifetime rather than leaving it all as an inheritance. It can reduce your estate taxes, help your loved ones at a time when they need it most, and it’s highly gratifying. […]

Understanding Your Stock’s Cost Basis

Stock Chart

By Matt Knoll, CFP® & Caleb Arringdale, EA What is Cost Basis? Cost basis is the original value of a share of stock. Because stock prices go up and down frequently, you can use your stock’s cost basis to help determine if there is a gain or loss upon selling that stock. Mutual funds, ETFs, bonds, and real […]

Simplifying Tax Planning for Retirees

Simplifying Tax Planning

Caleb Arringdale, TPC Tax Advisor, recently presented “Simplifying Tax Planning for Retirees” as part of the Expedition to Retirement webinar series. To watch this informative webinar, complete the below information to receive access

Extra Identity Protection PINs Available for all Taxpayers

By Caleb Arringdale   Several years ago, the IRS instituted a program to help identity theft victims secure their tax returns. Those who qualified for the program received a 6-digit number in an annual letter from the IRS called an Identity Protection Personal Identification Number (IP PIN). Prior to 2021, the program was only available […]

How Bonds Can Reduce Your Tax Burden

By Caleb Arringdale When most people think of investments, the first thing that comes to mind is usually stocks. Stocks receive much more media attention and have the potential to increase in value rapidly, creating income for the owner. With that potential to rapidly increase in value, though, comes the risk of a rapid decrease, […]

How to Utilize a Sign-On Bonus that Pays Student Loans

How To Pay Off Student Loan

by Jude Boudreaux, CFP®, Sr. Financial Planner and Caleb Arringdale, TPC Tax Advisor We recently received a message from a client asking for some advice. They were finishing their medical training and had accepted a full-time position at a hospital, that brought with it a substantial sum to pay down their student loan balance.  How […]