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Tax Law Changes Impacting 2025

Welcome back to Topic Tuesday with Allen Dembski and Juliana Janson of Buffalo First Wealth Management. Today, we’re reading the “one big, beautiful bill” to focus on tax changes to affect your filing for the 2025 federal tax year.

Why Do I Need a Financial Advisor?

Here at Buffalo First Wealth Management, the question we get asked most often from prospective clients is “Why do I need a financial advisor?” or “What do you actually do?”

End of the Year Tax Planning Strategies

We are still a few months ahead of tax season, but it is always a good time to plan ahead to protect yourself and make your life easier for managing your taxes.  One way to do that is to set up an online IRS account.

A W-7 tax form for IRS taxpayer ID applications on a table with a gold pen and a folder.

Why Do I Need any Online IRS Account?

We are still a few months ahead of tax season, but it is always a good time to plan ahead to protect yourself and make your life easier for managing your taxes.  One way to do that is to set up an online IRS account.

A person using a calculator while reviewing financial documents and charts on a table. FIRE Financial Movement

What Is the FIRE Movement, and Could It Be Right for You?

Roth IRAs can be a powerful financial tool, since the funds in a Roth IRA grow tax free and they are not subject to Required Minimum Distributions (RMDs) like traditional IRAs. But doing a conversion may not be right for everyone.

Roth ira conversion Should I Consider

Should I Consider a Roth Conversion?

Roth IRAs can be a powerful financial tool, since the funds in a Roth IRA grow tax free and they are not subject to Required Minimum Distributions (RMDs) like traditional IRAs. But doing a conversion may not be right for everyone.