Posts by Matt Sorenson

The One Big Beautiful Bill Act (OBBBA) is a tax and spending bill that was signed into law on July 4, 2025. This summary provides an overview of the individual income tax provisions and details selected tax law changes, relevant to tax planning for affluent taxpayers. Overview The OBBBA largely extends the current tax environment on…

Discussions of concentrated stock positions often nervously reduce to the adage: Concentrations can make you a killing, or get you killed. For those that find themselves in concentrated positions today, an attractive middle ground exists, balancing upside and wealth preservation. How did we get here? Concentrated positions are commonly accumulated through corporate equity compensation, or…

The Opportunity: While retirement accounts offer appealing tax breaks up front, they often generate outsized tax burdens over the course of a career, retirement, and beyond. Consider a multi-generational time horizon in your distribution plan to create optimal tax savings for the greater family unit. Background: Owners of retirement accounts (IRA, SEP IRA, 401(k), 403(b),…