Discover the top 2026 year-end tax and financial planning strategies for high-net-worth families in Austin, Albuquerque, and Santa Fe, including capital gains, Roth conversions, charitable giving, estate planning, and business owner tax strategies.

6 common mistakes that prevent a business from going to the next level.

Budgeting is a critical component of successful financial planning, whether you’re embarking on a long-distance Appalachian Trail (AT) thru-hike or remodeling your home. While these two projects differ significantly in nature—one being a physical and mental endurance challenge, the other a domestic investment—they share common financial planning principles. Both require clear budgeting, an understanding of potential cost overruns, and a well-considered contingency fund.

If you have employer stock inside a qualified retirement plan (most commonly a 401(k), profit-sharing plan, or ESOP), the Net Unrealized Appreciation (“NUA”) rules can let you shift part of what would otherwise be ordinary income into long-term capital gains. This sometimes producing meaningful lifetime tax savings. With that said, NUA is not always good. It’s a tax election with strict rules, cash-flow implications, and real portfolio risk. Below is a practical, decision-oriented overview, with specific IRS authority and two numeric examples.

For many families, taxes are something that get attention once a year in March or April. However, the next few years are shaping up to be different. The period spanning 2025 and 2026 represented a meaningful planning crossroads, particularly for high-income households, business owners, and retirees. The OBBA made some important tax laws permanent (as permanent as a tax law can be).

If you are a Google employee, you’ve probably started paying closer attention to your tax situation over the last few years, especially around tax filing season. 

One of the biggest advantages of owning a small business is flexibility – not

If you’re a Whole Foods employee, you might have received or will receive Restricted Stock Units (RSUs) of Amazon stock as part of your compensation. RSUs can be a great way to share in the success of the company, but they come with certain tax implications that you should be aware of. 

The Inflation Reduction Act of 2022 (IRA) was passed with a multitude of goals for the United States, one of them being to incentivize businesses and individuals to participate in the clean energy transition. For individuals specifically, these incentives take the form of tax credits for electric vehicles and clean energy or energy efficient homes. Some components of the Inflation Reduction Act may be repealed under the Trump administration, as Donald Trump has expressed the desire to repeal the Act and rescind any unspent funds allocated for it. Tax credits for EVs, solar panels, and battery storage may be repealed in 2025, so if you’ve thought about claiming a credit for any one of these, the time to do it is before the end of 2024. We’ll discuss each of these credits in more detail.

As a small business owner, purchasing a vehicle for business use can be a strategic decision to support your operations. However, it’s important to structure the purchase properly to maximize tax benefits, ensure adequate protection, and avoid potential legal and financial risks. This article will guide you through the best practices for purchasing, insuring, and financing a business vehicle, while also exploring the pros and cons of owning a vehicle within a small business.

The 2018 Tax Cuts and Jobs Act (TCJA) introduced several provisions, many of which are set to expire or “sunset” in 2025.

In the dynamic world of startups and tech companies, equity compensation is a common way to attract and retain top talent. Among the various forms of equity compensation, restricted stock is often a key component. When you receive restricted stock, understanding the tax implications is crucial. One important tax strategy to consider is making an 83(b) election. In this article, we’ll explain what an 83(b) election is, its potential value from a tax standpoint, and provide an example to illustrate the benefits. We’ll also link to a sample 83(b) election form and show where to file it with the IRS.