What Is a Roth Conversion? A Roth conversion involves moving money from a traditional IRA or 401(k) into a Roth IRA. You pay taxes on […]
Roth Conversions: When They Make Sense and When They Don’t
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Understanding the New Form 1099-K and What It Means for Gig Workers
What Is Form 1099-K? Form 1099-K is used to report payments received through third-party platforms—like PayPal, Venmo, Etsy, or Uber. The threshold for receiving this […]
Year-End Tax Checklist: What You Should Do Before December 31
Year-End Tax Planning Checklist 1. Max Out Retirement ContributionsContribute to 401(k)s, IRAs, or HSAs before year-end (or before the April tax deadline, depending on the […]
How the 2025 Tax Law Changes Impact Your State & Local Taxes (SALT)
Meta Title: 2025 Tax Changes & SALT Deductions Explained | Pacific Tax Meta Description: Learn how the 2025 tax changes will affect your state and […]
Top 10 Tax-Deductible Retirement Account Contributions You Might Be Missing
Maximize Deductions While Building Your Future Saving for retirement is already smart—but doing it in a tax-efficient way is even better. Many taxpayers miss out […]
Retirement Planning for Digital Nomads: Is It Possible?
The life of a digital nomad is all about freedom — working from anywhere, exploring new cultures, and living life on your own terms. But when your […]
How to Navigate Healthcare Costs in Retirement
When people think about retirement planning, they often picture travel, hobbies, and spending more time with family. What’s less glamorous — but just as important […]
Traditional IRA vs Roth IRA: Which Is Better for Your Retirement Goals?
When planning for retirement, choosing between a Traditional IRA and a Roth IRA can feel like a fork in the road. Both offer valuable tax advantages and long-term growth […]
How to Maximize Your 401(k) Contributions in 2025
Your 401(k) plan is one of the most powerful tools for securing your financial future. With the IRS increasing contribution limits for 2025, there’s no […]
How a Backdoor IRA Works — and Its Drawbacks Explained
If you earn too much to contribute directly to a Roth IRA, you may have heard of a clever strategy called the backdoor IRA. It’s a […]