Tax Planning

New Tax Rules on Inherited IRAs: An Update From Strothman+Co

Individual Retirement Accounts, more commonly known as IRAs, are extremely popular retirement savings accounts used by tens of millions of American citizens. These tax-advantaged accounts allow Americans to save for their retirement throughout their working lives. In total, Americans currently hold more than $12 Trillion in IRAs. Many of these accounts are drawn down throughout …

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Author: Strothman and Company

Author: Bill Meyer

This article was written by Bill Meyer, Managing Partner at Strothman+Co. Bill serves clients in a broad range of industries as they launch, grow, maximize, invest, and sell their businesses. On a regular basis, he can be found assisting with matters such as financial reporting; forecasts and projections; cash management; financing; and business improvement. He provides services in the areas of accounting, assurance, tax planning, valuations, and investment advice. 

Meet the Strothman+Co Tax Team

At Strothman+Co, our people are integral to our mission. It’s why we focus on hiring the best and brightest and invest in our team’s professional development. It’s also why we were recognized as one of the best places to work in Kentucky in 2022. When you trust Strothman+Co with your tax strategy, you’re forming a …

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Author: Strothman and Company

Author: Neil Zinser

This article was written by Neil Zinser, Partner at Strothman+Co. Neil has extensive experience providing tax services and business consulting to his clients. He specializes in complex tax structures including consolidating entities, multi-state entities, high net worth individuals and closely held business. It is his goal to provide meaningful tax advice to his clients and help them achieve their financial objectives. His industry experience includes restaurants, breweries, manufacturing, wholesale distributors, retail, commercial rental real estate, and nonprofit organizations.

Author: Strothman and Company

Joe Guelda
Joe Guelda

Being Proactive with Tax Planning – Understanding Tax Rates – Marginal vs Effective/Average vs Actual

Your marginal tax rate is the percent of tax that you will pay on your next dollar of income based on your tax bracket. For instance, if you are married filing joint and your taxable income is $76,050, you are in the 12% tax bracket. Therefore, your next $1,000 of income will increase your Federal tax by …

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Author: Joe Guelda

This article was written by Joe Guelda, Strothman+Co Tax Manager. Joe has been in public accounting for over 12 years. He is experienced with small to large sized businesses and has helped many clients with their growth and understanding additional complexities especially in the areas of state and local taxes including income, sales, and withholding. Joe enjoys going beyond tax compliance and educating clients how developing a well-structured tax strategy is an important part of achieving their overall financial goals.

Author: Strothman and Company

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