Services | Value Wealth Management West Des Moines, IA 50266

Taxes

Tax Planning
Estate Taxes
Tax Services
Tax Deductions
Uncle Sam giveth, and Uncle Sam taketh away. The new federal tax code, which went into effect in 2018 and affects the return you'll file in spring 2019, lowers taxes by expanding some deductions, but restricts or outright eliminates others.
Income Tax
Alternative minimum tax. This very unpopular parallel tax system has been reined in and will zap fewer Americans in 2018. The AMT started in 1982 as an effort to reduce loopholes open to ultra-high-income earners, but its net gradually spread and it affected more individuals. In the 1990s, Congress hiked the AMT tax rate, stiffening its cost. Under the AMT, the standard deduction and deductions for state and local income taxes are lost. With the new law, your exemption - the amount you can subtract from your AMT liability - is much larger. Previously, $54,300 was exempt for a single-filer and $84,500 for a married couple filing jointly. Respectively, the exemptions increased by almost a third, to $70,300 and $109,400.

Investment

Investment Management
Value Wealth Management LLC combines comprehensive financial advice and active investment management to give clients the best possible opportunity to achieve their financial objectives. As an independent, fee-only registered investment advisor
Wealth Management
Stocks closed lower on Friday and the details will follow but we begin this week's wealth management report with news about the new tax law. The tax code overhaul became effective in 2018 and brought a lot of changes, but for the estate tax, the most far-reaching result was what did not happen.

Accounting

Planning