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Maximizing Tax Efficiency: The Role of a Modern Tax Planning Firm for Business Owners

Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah Are you a business owner or high-income earner who is tired of receiving cookie-cutter tax advice from your accountant only during tax season crunch time? Do you feel like your financial needs deserve personalized attention year-round, especially when it comes to tax planning? If …

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Navigating the Future of College Savings: Understanding 529 Plans and Beyond

Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah In today’s ever-changing landscape of education and rising uncertainties about the future of college, many millennial parents find themselves grappling with concerns about the effectiveness of their carefully planned 529 college savings plans. The fear of their hard-earned money being trapped and potentially wasted …

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Boosting Retirement Savings for Business Owners with a Cash Balance Pension Plan

Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah Business owners looking too supercharge retirement savings should consider a cash balance pension plan to maximize retirement wealth! This type of retirement plan offers unique advantages, including significant tax benefits, flexibility in contributions, and the ability to maximize retirement savings. In this blog post, …

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Maximizing Your Homeowners Capital Gains Tax Exclusion: Strategies and Exceptions

Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah One of the most significant tax benefits available to homeowners is the capital gains tax exclusion. This exclusion allows individuals to exclude up to $250,000 of capital gains from the sale of their primary residence ($500,000 for married couples filing jointly) from their taxable …

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The Critical Role of a CERTIFIED FINANCIAL PLANNER™ for Business Owners Planning Early Retirement

Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah In the world of business ownership, the dream of early retirement is a common aspiration. Many entrepreneurs and business owners work tirelessly to build successful enterprises with the ultimate goal of being able to retire early and enjoy the fruits of their labor. However, …

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The Temptation of Paying Off Your Home Loan Early: A Financial Perspective

  Mike Metzger,  Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah In today’s fast-paced world, the desire to eliminate debt and achieve financial freedom is a common goal for many individuals. One particular area where this temptation often arises is in paying off a primary home loan early or financial planning to be debt …

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The Tax Relief for American Families and Works Act; What You Need to Know

  Mike Metzger, Founder | CERTIFED FINANCIAL PLANNER™ Salt Lake City, Utah The Tax Relief for American Families and Works Act of 2024 is a groundbreaking tax proposal aimed at providing much-needed relief to American families and workers. This comprehensive legislation includes a range of provisions designed to stimulate economic growth, support middle-class Americans, and …

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Important Tax Law Changes and Why You Need to Strategize now!

  Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah The Tax Cuts and Jobs Act (TCJA) of 2017 brought significant changes to the U.S. tax system, aiming to stimulate economic growth and provide relief to taxpayers. However, many of these provisions are set to expire in 2025, raising important considerations for individuals …

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The Importance of Having a Living Family Trust for Business Owners

  Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah For business owners, having a living family trust is a crucial step in ensuring the smooth transition and protection of assets. This blog post aims to highlight the significance of a family trust, discussing its basic components, defining the roles within the trust, …

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Qualified Small Business Stock Tax Incentives: An In-Depth Analysis

Mike Metzger, Founder | CERTIFIED FINANCIAL PLANNER™ Salt Lake City, Utah Qualified Small Business Stock (QSBS) tax incentives are designed to encourage investment in small businesses by providing tax benefits to investors. This blog post aims to provide a comprehensive understanding of QSBS, including what it is, an example of how it works with tax …

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