Tax Planning

Tax Planning

Understanding the “One Big Beautiful Bill Act”: What It Means for Affluent Families and Business Owners

On July 4, 2025, President Trump signed H.R.1, the One Big Beautiful Bill Act (OBBBA) into law. This bill builds on the foundation laid by the 2017 Tax Cuts and Jobs Act (TCJA). OBBBA extends many of the provisions from TCJA and introduces a series of new deductions, credits, incentives, and planning opportunities for affluent

Posted By Alyssa Dalbey
July 23, 2025

Retirement Planning

Understanding Required Minimum Distributions

Understanding Required Minimum Distributions (RMD) is imperative for effective retirement planning. RMD rules can be complicated and difficult to understand, so we’ve outlined common questions and explanations to help you.

Posted By Alyssa Dalbey
April 10, 2025

Financial Planning

Health Savings Accounts (HSAs) – 2025 Limits

A Health Savings Account (HSA) is a tax-advantaged medical savings account available to individuals who are enrolled in high-deductible health plans. HSAs have three main tax advantages.

Posted By Alyssa Dalbey
February 24, 2025

Estate Planning

Estate and Gift Tax Limits for 2025

Posted By Alyssa Dalbey
December 22, 2024

Tax Planning

Qualified Charitable Distributions

Posted By Alyssa Dalbey
December 22, 2024

Tax Planning

Year-End Tax Planning Strategies for 2024

The wealth management team at Schultz Financial Group (SFG) conducts annual year-end tax planning throughout the fourth quarter. This year has been a year of uncertainty in the markets, and yet we have experienced a market rally. While some uncertainty remains around what the future holds once the Tax Cuts and Jobs Act of 2017

Posted By Alyssa Dalbey
November 13, 2024