How will taxes change after the election?

calculator on top of tax form

How will taxes change after the election? Finally, the election is over! The Republican party won most seats in both the Senate and the House of Representatives, and their nominee will occupy the White House. With much of the election rhetoric focused on taxes, is it right to wonder what this Republican sweep means for…

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Moisand Fitzgerald Tamayo, LLC named to list of America’s top 250 independent financial planning and wealth management firms by Forbes

Staff of top fee-only financial planner firm Moisand Fitzgerald Tamayo

FOR IMMEDIATE RELEASE Moisand Fitzgerald Tamayo, LLC named to list of America’s top 250 independent financial planning and wealth management firms by Forbes, again Orlando, October 26, 2024 – For the second consecutive year, Forbes has named Moisand Fitzgerald Tamayo, LLC (MFT) to its 2024 list of the 250 Top RIA firms in America. MFT…

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What are the new rules about how real estate agents get paid?

Amy Moline, Realtor

What are the new rules about how real estate agents get paid? While both buyers and sellers typically use real estate agents, traditionally, only sellers have paid their agents directly. New commission-related rules went into effect in August which changed how agents can earn commission. To get a handle on these rules and what effect…

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Will higher taxes hurt stocks? 

tax increase graph

Will higher taxes hurt stocks?  The proposal to raise taxes in some capacity arises in every election. Candidates for the White House are typically the most vocal about what changes they would make to the tax code if elected. It is important to remember that regardless of who wins the presidency, the president does not…

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Six misconceptions about the deficit and national debt

clashing political parties image

Six misconceptions about the deficit and national debt As we head toward the election, one topic that is sure to feature prominently is America’s annual budget deficit and national debt. Relative to the size of the economy, federal debt is at its highest level since WWII. The United States spends about as much on interest…

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What is gain harvesting?

Tommy Lucas, fee-only Financial Advisor

What is gain harvesting? “Gain harvesting” refers to the practice of selling a holding for a gain in a taxable account, triggering a taxable event, and immediately buying the holding back. The strategy is not applicable to retirement accounts, tax-deferred accounts, and all types of IRAs. Say you own a holding worth $25,000 that you…

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