We at Paragon Financial Advisors are not accountants and urge you to verify any items we discuss with your tax professional to determine its implications in your particular situation. We also do not believe you should “let the tax tail wag the investment dog.” That is, your investing should not be dependent solely on tax […]

The last two posts introduced what digital assets are, the importance of planning for them, as well as some obstacles that exist.  Please take a moment to read them HERE.  In this final post we will explore a few solutions that have been developed to help with planning for digital assets. “After you pass away, […]

The American Taxpayer Relief Act of 2012 extended the Bush era tax rates for most taxpayers and extended many expiring tax provisions for another year. However, it did make some permanent revisions that provide at least some clarity for future planning. One must always keep the national congressional idea of “permanent” in mind though (everything […]

The news media has been reporting some of the discussions between the two major political parties in the “reduce spending/raise taxes” debates –especially as they relate to “entitlement” reforms such as Social Security. One of the items being mentioned by the presidential administration is a change in the method of calculating cost of living adjustment […]