Wright Ford Young & Co.

06/16/2026

Market volatility creates planning opportunities. Thoughtful loss harvesting can offset gains and improve overall tax efficiency across different market cycles.

Note: Everyone’s financial situation is different. Contact a WFY advisor to discuss your financial plan.

06/16/2026

Trump Accounts have the potential to build long-term financial security for millions of U.S. children; however, some experts say they may not do much to reduce the wealth gap over time.

Trump Accounts come with free money for some children, but it may not be enough to reduce the wealth gap, some experts say.

06/15/2026

Thank you to TACA for hosting another incredible Family Carnival this past weekend! WFY is honored to support and participate in such a meaningful event each year.

TACA is a dedicated organization that provides education, support, and hope to families navigating autism. We are grateful for the opportunity to be part of an event that makes such a positive impact on the community.

To learn about TACA, click here: https://tacanow.org/?utm_source=facebook&utm_medium=social&utm_content=ap_8k9pwf80kq

06/12/2026

What many people don't realize is the financial lottery that transpire that involve the complexities of the U.S. Internal Revenue Code and state-level income taxes that result in some of the world’s highest-paid soccer players paying millions in income taxes – often more than their teammates for playing in the same World Cup tournament.

The culprits for these differences are the “Jock Tax” and U.S. tax treaties. Their applications during this year’s World Cup may generate significant tax complications.

The 2026 World Cup draw didn't just set matchups—it set tax bills. See how Mbappé and Ronaldo face wildly different U.S. tax outcomes for the same tournament.

06/11/2026

The House Ways and Means Committee held a legislative hearing on a package of bills creating a tax framework for digital assets, with members and witnesses agreeing on cutting paperwork but split over a proposal to defer tax on mining and staking rewards.

https://tax.thomsonreuters.com/news/ways-and-means-hears-from-tax-crypto-experts-on-digital-asset-proposals/

The House Ways and Means Committee held a legislative hearing on a package of bills creating a tax framework for digital assets, with members and witnesses agreeing on cutting paperwork but split over a proposal to defer tax on mining and staking rewards.

06/11/2026

Help is available for tens of millions of Americans who may be due a potential COVID-related IRS refund but aren't sure how to claim it.

Eligibility and claiming potential COVID-era IRS tax refunds can be complex and stressful with the July 10 deadline only weeks away. How to get help.

06/10/2026

For some, claiming the initial grants — worth up to $1,000 — is the draw. But even kids who aren’t eligible for the “free money” can leverage the accounts with a strategy typically used by older investors to kickstart future tax-free growth.

There’s a strategy that could help turn these new investment accounts into tax-free vehicles in retirement, some experts say.

06/09/2026

Equity awards and deferred compensation introduce timing complexities. Strategic planning around vesting and income recognition can significantly impact after-tax results.

Note: Everyone’s financial situation is different. Contact a WFY advisor to discuss your financial plan.

06/09/2026

The proposal is projected to contribute a few billion dollars in revenue to California annually, but opponents say the state’s life sciences industry would be seriously threatened by having their tax subsidy reduced.

06/08/2026

Some funds are less tax-efficient, so investors should consider prioritizing them for a Roth IRA.

https://money.usnews.com/investing/articles/best-funds-to-hold-in-roth-ira

Some funds are less tax-efficient, so investors should consider prioritizing them for a Roth IRA.