Escient Financial

Blog tagged as Taxes

Tax Planning with Charitable Contributions
A common method of lowering taxes is donating to a charity to receive a tax deduction.
Avoiding Tax Scams
Don't let yourself become a victim of tax fraud. These are the most common scams against taxpayers, as reported by the IRS.
Pre-Tax vs After-Tax Retirement Contributions
Tax planning is a year-round effort. Here's how you can plan ahead with your tax strategy so you’re prepared all year long.
Cryptocurrency and Taxes
Cryptocurrencies are considered property. Here are some common digital asset situations that create a tax liability.
How to Calculate Your Net Worth & Why It Matters
Net worth is just one part of your financial picture, but it’s a good diagnostic to know. Learn more about how to calculate your net worth and why it matters.
Your 2022 Tax Filing Season To-Do List
The tax season is officially here. If you haven't already, now is the time to get prepared.
What Is My Tax Bracket for the 2022 Tax Year?
It's never too early to start looking at your tax obligations for the coming tax season. The information in this article is for the 2022 tax year, which most taxpayers will file in 2023.
10 Hidden Costs of Buying a Home
Purchasing a new home is exciting - and expensive. Besides the mortgage, prepare yourself to pay these 10 costs that not everyone thinks about.
Tax Planning in Turbulent Times
Whether you’re saving, investing, spending, bequeathing, or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. But how do we plan when we cannot know?
Could Custodial IRAs Help Young Adults Buy Homes?
Individual retirement arrangements (IRAs) are for retirement saving, right? Absolutely. Is that their only purpose? Not necessarily.

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