We are excited to make available two additional flowcharts to our Essentials and Deluxe members. This brings the total number of flowcharts up to 25.
Can I Make A Mega Backdoor Roth IRA Contribution? This strategy allows clients to contribute tens of thousands of dollars into their Roth IRA, but the rules are very restrictive. This flowchart outlines the major issues and rules to consider.
Will I Receive a Step-Up In Basis For This Gifted Property? This flowchart covers some of those uncommon situations that actually impact cost basis when property is gifted. The focus is on “double basis” rules and when the donor paid gift tax.
What do you think of these two new flowcharts? Are there any decision points that should be added? Send me an email directly with any ideas or feedback.
White Labeling Is Here!
Recently, we announced the launch of our Deluxe membership, which includes white labeling and digital rights to share the flowcharts online. We’ve even made one of the flowcharts available for you to try the new white label functionality yourself.
Suggest a Flowchart or Checklist
Have an idea for a flowchart or checklist? We want to hear about it. Visit our suggestion page to add your own or vote on the suggestions made by others.