Sue Schaeffer – Page 2 – Quorum Private Wealth

What is tax planning?

December 18, 2023

Ideally, your financial advisor and accountant are constantly looking for opportunities to lower your tax bill. Sue Mazzetti explains the ins-and-outs of tax planning.

Tax-loss harvesting involves identifying investments that have lost money on paper (unrealized loss), then selling them to officially book the loss (realized loss). These capital losses can help offset any

We tend to think of losing money on an investment as bad, but capital losses can be a helpful tax-planning tool… if you know how to use them strategically.

Tax prep versus tax planning

November 27, 2023

For many Americans, the thought of taxes goes hand in hand with mild anxiety. That anxiety can lead people to lump everything tax related into one bucket. (Usually, it’s a

For many Americans, the thought of taxes goes hand in hand with mild anxiety. That anxiety can lead people to lump everything tax related into one bucket

6 ways to think about charitable giving

November 20, 2023

We love when clients tell us they’re looking to share their wealth by giving back. Of course, after we ask about what good you want your money to do, our

Charitable giving can have a big financial impact on both the recipient and the donor. We look at six ways to incorporate charitable giving into your financial plan.

How to leverage the Estate Tax

August 31, 2023

Whenever pundits discuss tax policy, the Lifetime Estate and Gift Tax Exemption tends to get the spotlight treatment. Because of this, the lifetime exemption may be one of the most

The lifetime exemption may be one of the most misunderstood provisions in U.S. tax code, and it presents a big opportunity in 2023.

The tax surprise lurking in bonuses

December 19, 2022

Getting a bonus is great news, and while there’s an abundance of advice around how to spend (or save) bonus compensation, there’s less coverage about something arguably more important: taxes.

The tax and withholding rate on bonus compensation can lead to surprises… and confusion. Here’s what you need to know to make the most out of your bonus.

The tax surprise in your bonus

December 15, 2022

Everyone loves bonus compensation, but tend to carry a surprise tax hit. Sue Mazzetti looks at why this tax glitch happens and how you can prepare for it.

What is securities-backed lending?

December 15, 2022

Did you know you can use your investment portfolio as collateral? It can be a helpful tool if you need short-term financing and don’t want to sell assets.