Lizzul, Orgera & Weihs, CPA, P.C.

Lizzul, Orgera & Weihs, CPA, P.C. A recognized leader in providing tax reduction & tax elimination strategies around retirement

There are many key dates and approaching deadlines for us to explore capitalizing on.
02/07/2024

There are many key dates and approaching deadlines for us to explore capitalizing on.

There are many key dates and approaching deadlines for us to explore capitalizing on.

For many nearing retirement, the excitement of entering the golden years can be overshadowed by fear. A qualified longev...
01/19/2024

For many nearing retirement, the excitement of entering the golden years can be overshadowed by fear. A qualified longevity annuity contract, or QLAC, is used by many retirees to help alleviate this concern.

For many nearing retirement, the excitement of entering the golden years can be overshadowed by fear. A qualified longevity annuity contract, or QLAC, is used by many retirees to help alleviate this concern.

This strategy can significantly lower your tax bill if you have NUA-eligible assets. However, ensure it is suitable for ...
12/11/2023

This strategy can significantly lower your tax bill if you have NUA-eligible assets. However, ensure it is suitable for your situation and be aware of the strict rules surrounding the process.

This strategy can significantly lower your tax bill if you have NUA-eligible assets. However, ensure it is suitable for your situation and be aware of the strict rules surrounding the process.

Health Savings Accounts (HSAs) offer tax benefits that can help you save for future healthcare costs. But how do you acc...
12/01/2023

Health Savings Accounts (HSAs) offer tax benefits that can help you save for future healthcare costs. But how do you access the funds for out-of-pocket medical expenses once you’ve started saving?

Health Savings Accounts (HSAs) offer tax benefits that can help you save for future healthcare costs. But how do you access the funds for out-of-pocket medical expenses once you’ve started saving?

When the time comes for your beneficiaries to receive your IRA assets, are you confident they will use their inheritance...
11/13/2023

When the time comes for your beneficiaries to receive your IRA assets, are you confident they will use their inheritance in the way you’d want them to?

When the time comes for your beneficiaries to receive your IRA assets, are you confident they will use their inheritance in the way you’d want them to?

As we enter the holiday season, many are in the spirit of giving. A qualified charitable distribution, or QCD, is a solu...
10/30/2023

As we enter the holiday season, many are in the spirit of giving. A qualified charitable distribution, or QCD, is a solution many IRA owners age 70½ and older consider this time of year.

As we enter the holiday season, many are in the spirit of giving. A qualified charitable distribution, or QCD, is a solution many IRA owners age 70½ and older consider this time of year.

Determining Tax on Roth IRA Distributions
10/09/2023

Determining Tax on Roth IRA Distributions

When you opened your Roth IRA account, you may have assumed all distributions would always be tax-free. This, however, is a common misunderstanding that can leave you in a world of pain come tax season

Are you worried about remembering to take your required minimum distributions (RMDs) each year once you hit age 73? If y...
09/29/2023

Are you worried about remembering to take your required minimum distributions (RMDs) each year once you hit age 73? If you’re a traditional IRA account owner, this may be just one of the reasons you’re considering a Roth conversion.

Are you worried about remembering to take your required minimum distributions (RMDs) each year once you hit age 73? If you’re a traditional IRA account owner, this may be just one of the reasons you’re considering a Roth conversion.

Knowing your loved ones have financial support upon your passing helps provide peace of mind. With this in mind, many pe...
09/25/2023

Knowing your loved ones have financial support upon your passing helps provide peace of mind. With this in mind, many people use life insurance policies and Roth IRAs to provide income to loved ones and to leave an inheritance. Although both are effective wealth transfer tools, there are several differences between the two.

Knowing your loved ones have financial support upon your passing helps provide peace of mind. With this in mind, many people use life insurance policies and Roth IRAs to provide income to loved ones and to leave an inheritance.

The opportunity cost argument surrounding Roth conversions suggests that an opportunity is lost by paying the conversion...
08/14/2023

The opportunity cost argument surrounding Roth conversions suggests that an opportunity is lost by paying the conversion tax upfront instead of investing it. This argument claims that investors lose future earnings that the funds could have produced.

Download “Roth Conversions – Dispelling the Opportunity Cost Argument” for our argument dispelling this belief.

The opportunity cost argument surrounding Roth conversions suggests that an opportunity is lost by paying the conversion tax upfront instead of investing it.

Back-to-school season is upon us, which serves as a great reminder to consider how you can help your children or grandch...
08/07/2023

Back-to-school season is upon us, which serves as a great reminder to consider how you can help your children or grandchildren fund their higher education.

Back-to-school season is upon us, which serves as a great reminder to consider how you can help your children or grandchildren fund their higher education.

While tapping into your retirement account should usually be a last resort, some situations may cause you to consider ac...
07/13/2023

While tapping into your retirement account should usually be a last resort, some situations may cause you to consider accessing your money early.

While tapping into your retirement account should usually be a last resort, some situations may cause you to consider accessing your money early.

Address

585 Stewart Avenue, Suite 414
Garden City, NY
11530

Opening Hours

Monday 9am - 6:30pm
Tuesday 9am - 6:30pm
Wednesday 9am - 6:30pm
Thursday 9am - 6:30pm
Friday 9am - 6:30pm

Telephone

+15162945287

Website

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