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personal finance

Trump Savings Accounts – Free Money from the Government

October 1, 2025 By Christian Block CPA Leave a Comment

Trump Savings Accounts provide a slick way for parents to save money for kids.

Child focused tax benefits have taken on many forms over the years.  We've had child tax credits, dependent care credits, education credits, 529 … [Read more...] about Trump Savings Accounts – Free Money from the Government

Filed Under: individual income taxes, investment, personal finance, Uncategorized

The Washington Estate Tax Income in Respect of Decedent Problem

August 11, 2025 By Stephen Nelson CPA

Washington state's estate tax hits income in respect of a decedent particularly hard. Especially when an estate pays federal estate taxes.

Washington state’s estate tax hits only a small percentage of the state’s decedents. (The threshold for paying tax is $3,000,000, and though the data … [Read more...] about The Washington Estate Tax Income in Respect of Decedent Problem

Filed Under: Estate tax, personal finance, wealth tax

Washington State Estate Tax Calculator (2025 Version)

April 22, 2025 By Stephen Nelson CPA

Use our free Washington state estate tax calculator to estimate estate taxes.

In mid-2025, Washington adjusted its state estate tax for estates created on or after July 1, 2025. The new version uses a larger, inflation adjusted … [Read more...] about Washington State Estate Tax Calculator (2025 Version)

Filed Under: Estate tax, personal finance

Short-term-rental Tax Tips and Tricks

February 3, 2025 By Stephen Nelson CPA

Short-term-rental tax tips and tricks can save small investors big

Short-term rentals provide some of the easiest and most powerful tax savings opportunities available to investors. You can literally save six figures … [Read more...] about Short-term-rental Tax Tips and Tricks

Filed Under: personal finance, real estate, Short-term rental

Super Safe Withdrawal Rate Calculator

December 13, 2024 By Stephen Nelson CPA

Think about the constant relative risk aversions as akin to differently sized shoes.

The 'super safe withdrawal rate" calculator below estimates certainty-equivalent returns and the Merton share. You can use these … [Read more...] about Super Safe Withdrawal Rate Calculator

Filed Under: investment, personal finance, Red Portfolio Black Portfolio

Merton Share Estimator

December 13, 2024 By Stephen Nelson CPA

Use our Merton Share Estimator to calculate an equity allocation based on current market volatility.

You can use rules of thumb to determine what percentage to allocate to stocks versus bonds. Like "60 percent to stocks and 40 percent to … [Read more...] about Merton Share Estimator

Filed Under: Calculators, investment, personal finance

Roth Calculator

September 25, 2024 By Stephen Nelson CPA

Roth Calculator online tool and backgrounder blog post with instructions and additional information.

The Roth Calculator below helps you determine whether you end up with more retirement income using a Roth IRA or 401(k). Or using a traditional IRA … [Read more...] about Roth Calculator

Filed Under: Calculators, personal finance, retirement

Backdoor Roth IRAs Really a Smart Idea?

April 2, 2024 By Stephen Nelson CPA

Roth-IRA style accounts won't save most people taxes. Sorry.

Maybe the last ten individual tax returns I’ve signed? They all included a backdoor Roth IRA. That got me thinking: How much tax do you really save … [Read more...] about Backdoor Roth IRAs Really a Smart Idea?

Filed Under: personal finance, retirement

Estimating Investment Portfolio Returns and Values

March 1, 2024 By Stephen Nelson CPA

Investment portfolio returns can't be predicted with a crystal ball.

Over the last few months, I've encountered investors, advisors and even some financial writers struggling to make or suggest good estimates of future … [Read more...] about Estimating Investment Portfolio Returns and Values

Filed Under: investment, personal finance, retirement

Monte Carlo Safe Withdrawal Rates for Low Expected Returns

February 1, 2024 By Stephen Nelson CPA

Monte Carlo simulation safe withdrawal rates solve a tricky planning problem.

I read Antti Ilmanen’s book recently, “Investing Amid Low Expected Returns.” Ilmanen, like many other observers, expects low real returns from stocks, … [Read more...] about Monte Carlo Safe Withdrawal Rates for Low Expected Returns

Filed Under: personal finance, Red Portfolio Black Portfolio, retirement

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Featured Posts

Combine Section 1031 like-kind exchanges with Section 168(k) bonus depreciation to create large deductions.

Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

Real estate investors know about bonus depreciation. They also know about 1031 like-kind exchanges. But not everyone realizes that the two rules can … [Read More...] about Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

100% bonus depreciation creates new opportunities for investors and entrepreneurs

The Section 168(k) Bonus Depreciation Purchased Requirement

You can get 100% bonus depreciation on tangible personal property assets you purchase and place into service after January 19, 2025. That seems … [Read More...] about The Section 168(k) Bonus Depreciation Purchased Requirement

Changing your Washington state residency may be a tax planning gambit you need to consider

Changing Your Washington State Residency

Okay, first point, if you want to change your residency or domicile from Washington state to some other state? That’s a question you answer with the … [Read More...] about Changing Your Washington State Residency

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