About Sydnie Magnelli

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So far Sydnie Magnelli has created 3 blog entries.

Understanding the New Tax Laws: What You Need to Know for the Upcoming Year

Each year sees changes to the tax code. Those changes usually affect nearly everyone. In 2023, tax changes in the Inflation Reduction Act came into effect, including an increase in per-barrel oil taxes and changes to the standard deduction and Alternative Minimum Tax Rate. Keeping up with the tax changes ensures you file your taxes […]

Year-Round Tax Planning: Making Smart Financial Decisions for Optimal Tax Outcomes

 

The saying “The only things certain in life are death and taxes” holds true, but individuals can exercise control over their financial destinies by adopting smart financial decisions for optimal tax outcomes. Year-round tax planning offers a proactive approach, allowing individuals to make informed choices that can lead to significant savings during tax season. Seeking […]

Estate Tax Planning: Utilizing Trusts to Minimize Tax Burden on Your Heirs

When you want to pass your assets to heirs, having an estate plan is critical; otherwise, your assets will go through probate. This could result in outcomes that you never wished for your heirs. Someone you may want to cut out of your will could receive your assets or your heirs could take on a […]