by Team Vestia | Nov 1, 2021 | Investing
As an investor, you likely know that you’ll have to pay taxes on your investments. But what type of taxes will you pay? For most assets outside of wages, interest, tips, etc. (ordinary income tax), it’s capital gains tax. You pay capital gains tax when you sell and...
by Team Vestia | Oct 1, 2021 | Financial Planning, Investing
Do you earn too much to contribute to a Roth IRA directly? You’re not alone! Many doctors reach these income limits early on in their careers, but that doesn’t mean that the door to a Roth is permanently closed. Let’s check out some strategies...
by Team Vestia | May 1, 2021 | Financial Planning
President Biden’s vision for revitalizing the country has been met with a flurry of news headlines. Phase 1, the American Rescue Plan, was signed into law this past March. The $1.9 trillion plan came with direct payments, a boost to unemployment benefits, an...
by Team Vestia | Apr 1, 2021 | Financial Planning
Taxes are one of the most universal aspects of finances—at some point, everyone has to pay them, but not everyone pays taxes in the same way. There are different strategies to consider, especially for medical practice owners. You don’t have to be an expert to try to...
by Team Vestia | Dec 15, 2020 | Financial Planning
Elections bring about a lot of uncertainty, and this one is no different. Right now, the big question for high-income physicians is, how will the election results impact my taxes? With Joe Biden winning the presidential race, we can likely expect some tax changes...
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