Posts Tagged “tax benefits”

When Two Out Of Three Ain’t Bad

Posted on September 19th, 2016 by Fenwick

From a tax perspective, a dream retirement account probably would encompass three elements: Contributions to the account would be tax-deductible. Accumulation of earnings within the account would be tax-deferred. Distributions from the account would be tax-free. Of course, there’s no such animal, but various types of accounts can deliver two of those three elements. And […]

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Tax Problems? Divide and Conquer

Posted on December 10th, 2013 by Fenwick

Phil and Emily Danzinger, who are both in their mid-40s, built a thriving software business from scratch and now live comfortably. The couple earns $2 million a year, mostly from the business, which operates as an S corporation. Now their 17-year-old twins, Kyle and Kimberly, are starting their senior year of high school. Both would […]

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