Financial Planning for Tax & Retirement
Chicago Financial Advisor, CFP® and CPA
Karl W. Blovet & Associates, Ltd.
As Certified Financial PlannerTM and Certified Public Accountant certificants, Karl W. Blovet & Associates, Ltd. has a full range of knowledge, experience and services to offer Chicago area individuals and small businesses in the areas of financial planning, retirement planning, investment planning, tax planning, education planning and accounting.
Our mission as your Chicago financial advisor is to provide the highest quality services in the investment, tax, retirement and accounting sectors for individuals and small business owners in Chicago. Based upon our experience, technical competence, analytical ability, professional objectivity, and integrity we are uniquely qualified as a financial planner and a accountant to provide these services to our clients. We have a passion for people and a passion for great ideas and creative solutions.
Our Services:
Recent Updates:
2015 Year-End Tax Planning
2015 Year-End Tax Planning
Tax planning works best when it is practiced year-round, which will reduce the stress at year end that often occurs at this time of the year. 2015 is not presenting any major new tax law changes. Although, as in recent prior years, particularly important at year-end 2015 is the impact of certain tax benefits that expired with 2014 and that may, or may not, be retroactively renewed.
Tax benefits that ended in 2014
Tax benefits that expired on December 31, 2014 include but are not limited to:
- the state and local sales tax deduction,
- exclusion of up to $2 million of forgiven debt on a debtor’s primary home,
- the ability of those 70 ½ and older to make […]
