Azure Sky Financial Life Planning, LLC

A friend asked me this week about the name Azure Sky. It has lots of meanings:

Mostly, it represents the freedom and opportunity that come from focusing on what’s most important and meaningful.

I love the outdoors. Some of my favorite memories are under a blue or azure sky.

It’s a nice line from the hymn Love at Home.

The name also helps me to remember that no matter how many clouds we have to deal with and regardless of how thick or dark they are, the clear blue sky is always there above them and will again become visible when those clouds eventually, inevitably dissipate.

Wondering if/when/how your taxes might go up and what you can do about it? This video is for you. It's 12 min long at normal speed, but you have the option of adjusting the viewing speed.

Couples with over $450k of taxable income and individuals with over $400k of taxable income and others could face tax increases as soon as 2021 if/when the proposed $3.5 trillion budget reconciliation bill goes through (Build Back Better Act). In this video, I'm sharing an overview of which individuals and families would be affected by the proposed changes, how they might be affected, and some ideas on some related tax planning strategies that might make sense. Of note: several of these changes (proposed by the House Ways and Means Committee in September) would take effect very soon, for example, back-door Roth contribution strategies would go away starting in January of next year. So, even though the details might change, you may want to become familiar with the proposed changes in case you want to take action before the end of this year.

https://www.loom.com/share/47b67462790a487d8c080d4c2047f87a

How the Proposed Tax Law Changes (9/2021) Might Affect You in 2022+ and What You Can Do About Them. In September, the House Ways and Means Committee announced proposed tax law changes to help fund the $3.5 Trillion budget reconciliation bill that appears likely to pass in some form and would become the Build Back Better Act. While the details might change, becoming familiar with the current propos...