--- title: Financial News and Insights | Sanderson Wealth Management | Tax Consulting description: Tax Consulting | Read Sanderson Wealth Management’s blog for the latest insights on investing, financial planning, tax minimization, and more. --- - [716.566.2420](tel:716-566-2420) - [Client Login](https://www.sandersonllc.com/client-login/) [![Sanderson Wealth Management](https://insights.sandersonllc.com/hubfs/Sanderson_October2019%20Theme/Images/sanderson-logo-stacked@2x.png)](https://www.sandersonllc.com/) - About - [Services](https://www.sandersonllc.com/services/) - [Our Team](https://www.sandersonllc.com/team/) - [John Sanderson](https://www.sandersonllc.com/team/john-sanderson/) - [Justin Sanderson](https://www.sandersonllc.com/team/justin-sanderson/) - [James Warner](https://www.sandersonllc.com/team/james-warner/) - [C. 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At Sanderson, we believe our role isn’t just to advise clients on what to do with their money—it’s also to empower them with the knowledge to make informed decisions that enhance their lives. We hope you find the following resources insightful and helpful. [![A Summary of the One Big Beautiful Act](https://insights.sandersonllc.com/hs-fs/hubfs/aelx-jw8qrOTqmQQ-unsplash.jpg?width=1080&name=aelx-jw8qrOTqmQQ-unsplash.jpg)](https://insights.sandersonllc.com/-one-big-beautiful-act) ## [A Summary of the One Big Beautiful Act](https://insights.sandersonllc.com/-one-big-beautiful-act) [Estate & Generational Wealth Planning](https://insights.sandersonllc.com/tag/estate-generational-wealth-planning), [Investment Consulting](https://insights.sandersonllc.com/tag/investment-consulting), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) On July 4th, President Trump signed the One Big Beautiful Act into law, making permanent key 2017 TCJA provisions and introducing new tax changes. [Read More](https://insights.sandersonllc.com/-one-big-beautiful-act) [![A Change at 1600 Pennsylvania Avenue](https://insights.sandersonllc.com/hs-fs/hubfs/marek-piwnicki-gWTJXJW7PqM-unsplash.jpg?width=1080&name=marek-piwnicki-gWTJXJW7PqM-unsplash.jpg)](https://insights.sandersonllc.com/a-change-at-1600-pennsylvania-avenue) ## [A Change at 1600 Pennsylvania Avenue](https://insights.sandersonllc.com/a-change-at-1600-pennsylvania-avenue) [Estate & Generational Wealth Planning](https://insights.sandersonllc.com/tag/estate-generational-wealth-planning), [Investment Consulting](https://insights.sandersonllc.com/tag/investment-consulting), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) With Trump set to take office as the 47th U.S. president, John Gullo analyzes how new policies may impact the economy, taxes, and client portfolios. [Read More](https://insights.sandersonllc.com/a-change-at-1600-pennsylvania-avenue) [![2024 IRS Update on Inherited RMDs](https://insights.sandersonllc.com/hs-fs/hubfs/shutterstock_1117587326.jpg?width=1080&name=shutterstock_1117587326.jpg)](https://insights.sandersonllc.com/inherited-iras) ## [2024 IRS Update on Inherited RMDs](https://insights.sandersonllc.com/inherited-iras) [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) 2024 Update to Key Changes to Inherited IRA Rules: Secure Act 2.0 updates and implications make changes to RMDs and beneficiary requirements. [Read More](https://insights.sandersonllc.com/inherited-iras) [![Strategies for an Overfunded 529 College Savings Account](https://insights.sandersonllc.com/hs-fs/hubfs/shutterstock_2056642394.jpg?width=1080&name=shutterstock_2056642394.jpg)](https://insights.sandersonllc.com/overfunded-529s) ## [Strategies for an Overfunded 529 College Savings Account](https://insights.sandersonllc.com/overfunded-529s) [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) Jim Warner explores what to do with excess or unused funds in a 529 savings plan, including a new Roth IRA rollover option starting in 2024. [Read More](https://insights.sandersonllc.com/overfunded-529s) [![Roth IRA: A great place to begin your wealth strategy](https://insights.sandersonllc.com/hs-fs/hubfs/feature-image%20(4).jpg?width=1080&name=feature-image%20(4).jpg)](https://insights.sandersonllc.com/roth-ira-wealth-strategy) ## [Roth IRA: A great place to begin your wealth strategy](https://insights.sandersonllc.com/roth-ira-wealth-strategy) [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) There’s power in creating a Roth IRA at an early age. Tucker Weppner gives an IRA overview and how they benefit wealth strategies and retirement planning. [Read More](https://insights.sandersonllc.com/roth-ira-wealth-strategy) [![Reflection and Outlook: A Letter From the CEO](https://insights.sandersonllc.com/hs-fs/hubfs/104-181_SWM_CEOLetter_featureimage.jpg?width=1080&name=104-181_SWM_CEOLetter_featureimage.jpg)](https://insights.sandersonllc.com/2022-letter-from-the-ceo) ## [Reflection and Outlook: A Letter From the CEO](https://insights.sandersonllc.com/2022-letter-from-the-ceo) [Estate & Generational Wealth Planning](https://insights.sandersonllc.com/tag/estate-generational-wealth-planning), [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Firm News](https://insights.sandersonllc.com/tag/firm-news), [Investment Consulting](https://insights.sandersonllc.com/tag/investment-consulting), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) Justin Sanderson shares thoughts on 2022 and the new year. [Read More](https://insights.sandersonllc.com/2022-letter-from-the-ceo) [![IRS Announces Raises to Retirement Contribution Limits for 2023](https://insights.sandersonllc.com/hs-fs/hubfs/shutterstock_2041162967.jpg?width=1080&name=shutterstock_2041162967.jpg)](https://insights.sandersonllc.com/raises-to-retirement-contributions-2023) ## [IRS Announces Raises to Retirement Contribution Limits for 2023](https://insights.sandersonllc.com/raises-to-retirement-contributions-2023) [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Investment Consulting](https://insights.sandersonllc.com/tag/investment-consulting), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) Jim Warner outlines how the IRS is adjusting to high inflation by allowing individuals to save more for retirement next year. [Read More](https://insights.sandersonllc.com/raises-to-retirement-contributions-2023) [![Spousal Lifetime Access Trusts: Preparing for the Sunset of Current Estate Tax Laws](https://insights.sandersonllc.com/hs-fs/hubfs/shutterstock_388718983.jpg?width=1080&name=shutterstock_388718983.jpg)](https://insights.sandersonllc.com/spousal-lifetime-access-trusts) ## [Spousal Lifetime Access Trusts: Preparing for the Sunset of Current Estate Tax Laws](https://insights.sandersonllc.com/spousal-lifetime-access-trusts) [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) Tim Domino shares how families can utilize today’s high estate tax exemption amounts through a Spousal Lifetime Access Trust. [Read More](https://insights.sandersonllc.com/spousal-lifetime-access-trusts) [![The State of the IRS — Down but Not Out](https://insights.sandersonllc.com/hs-fs/hubfs/shutterstock_1098329813.jpg?width=1080&name=shutterstock_1098329813.jpg)](https://insights.sandersonllc.com/the-state-of-the-irs-down-but-not-out-0) ## [The State of the IRS — Down but Not Out](https://insights.sandersonllc.com/the-state-of-the-irs-down-but-not-out-0) [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) Tim Domino from Sanderson encourages taxpayers not to dismiss the IRS’s auditing power, despite the agency currently being overwhelmed and underfunded. [Read More](https://insights.sandersonllc.com/the-state-of-the-irs-down-but-not-out-0) [![2021 Year in Revision – Watch the WealthVantage e-Symposium](https://insights.sandersonllc.com/hs-fs/hubfs/WV%20Insights%20Post%202.22.png?width=1080&name=WV%20Insights%20Post%202.22.png)](https://insights.sandersonllc.com/wealthvantage2.22) ## [2021 Year in Revision – Watch the WealthVantage e-Symposium](https://insights.sandersonllc.com/wealthvantage2.22) [Estate & Generational Wealth Planning](https://insights.sandersonllc.com/tag/estate-generational-wealth-planning), [Financial Planning](https://insights.sandersonllc.com/tag/financial-planning), [Investment Consulting](https://insights.sandersonllc.com/tag/investment-consulting), [Tax Consulting](https://insights.sandersonllc.com/tag/tax-consulting) Watch a video series of Sanderson Wealth Management advisers reviewing the top financial headlines of 2021 and evaluating forward-looking trends. [Read More](https://insights.sandersonllc.com/wealthvantage2.22) [« Older Entries](https://insights.sandersonllc.com/tag/tax-consulting/page/2) ### Let’s talk about your future. Schedule a consultation to learn more about our investment services. ## Filter Blog Posts ### SUBJECT - [Investment Consulting (169)](https://insights.sandersonllc.com/tag/investment-consulting) - [Financial Planning (153)](https://insights.sandersonllc.com/tag/financial-planning) - [Tax Consulting (44)](https://insights.sandersonllc.com/tag/tax-consulting) - [Estate & Generational Wealth Planning (15)](https://insights.sandersonllc.com/tag/estate-generational-wealth-planning) - [Firm News (11)](https://insights.sandersonllc.com/tag/firm-news) - [Lessons Earned (11)](https://insights.sandersonllc.com/tag/lessons-earned) - [COVID-19: Market Watch (10)](https://insights.sandersonllc.com/tag/covid-19-market-watch) - [Community (5)](https://insights.sandersonllc.com/tag/community) - [Philanthropy (4)](https://insights.sandersonllc.com/tag/philanthropy) - [Business Succession Planning (3)](https://insights.sandersonllc.com/tag/business-succession-planning) - [Prosper Financial Wellness (3)](https://insights.sandersonllc.com/tag/prosper-financial-wellness) - [Ukraine: Market Watch (1)](https://insights.sandersonllc.com/tag/ukraine-market-watch) See all ### AUTHOR - [Angelo Goodenough](https://insights.sandersonllc.com/author/angelo-goodenough) - [C. Michael Bader, Esq., MBA, CPA, CIMA®](https://insights.sandersonllc.com/author/c.-michael-bader-esq.-mba-cpa-cima) - [Caleb Jennings, MBA, CFP®, CIMA®, AIF®](https://insights.sandersonllc.com/author/caleb-jennings-mba-cfp-cima-aif) - [Cameron Radziwon, LSSBB](https://insights.sandersonllc.com/author/cameron-radziwon) - [Debbie Todaro](https://insights.sandersonllc.com/author/debbie-todaro) - [Evan Kraft, CFP®, CRPC®](https://insights.sandersonllc.com/author/evan-kraft-cfp-crpc) - [James Warner, MBA, CPA, CFP®, CIMA®](https://insights.sandersonllc.com/author/jim-warner-mba-cpa-cfp-cima) - [Joe Bartelo, CPA](https://insights.sandersonllc.com/author/joe-bartelo-cpa) - [John Gullo, MBA, CFA, CFP®, CIMA®](https://insights.sandersonllc.com/author/john-gullo-mba-cfa-cfp-cima) - [John Sanderson, CPA, CIMA®](https://insights.sandersonllc.com/author/john-sanderson-cpa-cima) - [Justin Sanderson, MBA, CFP®, CIMA®](https://insights.sandersonllc.com/author/justin-sanderson-mba-cfp-cima) - [Karen Nicpon, CPA](https://insights.sandersonllc.com/author/karen-nicpon-cpa) - [Phil Frattali, CFA](https://insights.sandersonllc.com/author/phil-frattali-cfa) - [Regyna Waterhouse](https://insights.sandersonllc.com/author/regyna-taberski) - [Sanderson Wealth Management](https://insights.sandersonllc.com/author/sanderson-wealth-management) - [Tim Domino, CPA, CFP®](https://insights.sandersonllc.com/author/tim-domino-cpa-cfp) - [Tucker Weppner, CFP®](https://insights.sandersonllc.com/author/tucker-weppner) ## Put our experience to work for your wealth. Schedule a consultation to learn more about our investment services. ## Background Schedule a consultation to learn more about our investment services. - [CONTACT](https://www.sandersonllc.com/contact-us/) - [CAREERS](https://www.sandersonllc.com/careers/) - DISCLOSURE - [COMPLIANCE](https://adviserinfo.sec.gov/firm/summary/118910) © 2022 Sanderson Wealth Management LLC [716.566.2420](tel:716.566.2420) Sanderson Wealth Management, LLC (“Sanderson Wealth”) is an SEC registered investment adviser located in Buffalo, New York. The publication of Sanderson Wealth’s website on the Internet should not be construed by any consumer or prospective client as Sanderson Wealth’s solicitation or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet.  The information on this Internet site should not be construed as the provision of personalized individual advice from Sanderson Wealth. 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