LIBERTY GROUP BLOG
We’re here to help you feel confident in your financial future.
Search By Keyword, Date, Etc…
5 Year-End Giving Mistakes to Avoid Before December 31
As the holidays approach, charitable giving often moves to the top of the list. Between family gatherings, year-end deadlines, and donation requests filling inboxes, many people end up making last-minute decisions about how to give. For some, that means writing a check in December and calling it complete. While the…
Read More
How Donating Appreciated Stock Can Make Your Giving More Tax-Efficient
As the year comes to an end, many people begin thinking about the causes they want to support. Writing a check or making an online donation can feel simple, but for those who own investments that have grown in value, there may be a more strategic way to give. Donating appreciated…
Read More
How to Use Qualified Charitable Distributions to Lower Taxes in Retirement
For many retirees, the transition from saving to withdrawing can feel bittersweet. After decades of building up retirement accounts, the IRS eventually requires you to start taking required minimum distributions (RMDs), even if you don’t need the extra income. Those withdrawals can come with unintended consequences. Adding RMDs to your taxable income may push…
Read More
How a Donor-Advised Fund Strategy Can Simplify Giving in a High-Income Year
A high-income year can bring both excitement and challenge. It might reflect a business milestone, the sale of an investment, or a well-earned bonus. Along with that success often comes a higher tax bill, which can make it more complex to balance financial goals with the desire to give back. For many,…
Read More
How to Create a Living Will in California: Step-by-Step Guide
Many Californians assume their loved ones “just know” what they’d want in a medical emergency, but without a living will in California, those wishes may never be followed. In difficult moments, families are often left guessing about critical medical decisions, which can lead to confusion, conflict, and emotional strain. A living will, also known…
Read More
Extra Deduction for Seniors 2025: What Turning 65 Means Under the One Big, Beautiful Bill
The One Big, Beautiful Bill became law in 2025 and quickly drew attention for freezing tax brackets and raising estate exemptions. Those headline changes shaped much of the early discussion, but the bill also introduced a new provision aimed at seniors. Beginning in 2025, people age 65 and older may…
Read More
Car Loan Interest Deduction 2025 for Retirees and Tax Planning Tips
When the One Big, Beautiful Bill became law in 2025, much of the attention focused on its impact on tax brackets and estate exemptions. While those headline changes shaped early conversations, the legislation also introduced smaller, lesser-known provisions that may be especially important for pre-retirees. One of those is a…
Read More
Retirement Taxes on Overtime and Tips: What the One Big, Beautiful Bill Changed
When the One Big Beautiful Bill became law in July 2025, most of the focus landed on estate tax changes and frozen income brackets. However, tucked inside the legislation are two overlooked provisions that may be just as important for households approaching retirement. These deductions, available from 2025 through 2028, apply to…
Read MoreReady to Take The Next Step?
For more information about any of the products and services listed here, schedule a meeting today or register to attend a workshop.