Year-End Tax Planning Updates and Strategies [On-Demand Webinar]
In this hour-long recorded webinar, hear from Kelli Peterson and Dominick Parillo as they recap the proposed and enacted legislative changes made in 2021, and provide you with some optimal year-end planning strategies to help better prepare you for the upcoming tax season.
Editor’s Note: When discussing HSA contributions, Kelli mentioned that those age 65+ would not be eligible to make contributions. This is generally the case, as most people sign up for Part A Medicare (hospital insurance) at no cost when they first turn 65. Medicare Part A is considered “other coverage” and therefore disqualifies most from contributing to an HSA. Each person’s facts and circumstances are unique, and this may not apply to you; however, generally speaking, most people do sign up for Medicare Part A at age 65, to avoid potential future penalties for missing the deadline to apply later on.
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Savant Wealth Management is a leading independent, nationally recognized, fee-only firm serving clients for over 30 years. As a trusted advisor, Savant Wealth Management offers investment management, financial planning, retirement plan and family office services to financially established individuals and institutions. Savant also offers corporate accounting, tax preparation, payroll and consulting through its affiliate, Savant Tax & Consulting.
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When discussing estate settlement, the term "probate" frequently arises. Probate, as a legal process, ensures the systematic distribution of assets following someone's passing, but it can evoke mixed emotions among surviving family members.