Raines & Fischer LLP

07/03/2025

Building a multimillion-dollar retirement starts with consistent, well-structured planning. In your 30s, key steps include:

Using tax-advantaged accounts first
Making smart use of brokerage accounts
Matching investment types to the right accounts
Increasing contributions as income grows
Exploring real estate as a future income stream

At Raines & Fischer, we help clients align their finances with long-term goals. With the right structure in place, small decisions today can lead to significant outcomes later.

🔗 View the full slide deck: https://www.slideshare.net/slideshow/moves-to-retire-a-multimillionaire-raines-and-fischer/281144544

This presentation from Raines & Fischer lays out a straightforward, actionable plan for anyone in their 30s looking to retire with $2–$3 million. It focuses on structure, consistency, and tax-smart strategies, not speculation. Topics include setting a clear financial target, prioritizing tax-advan...

06/30/2025

Self-employed? Your retirement strategy shouldn’t be an afterthought.

We work with professionals and business owners every day who are juggling growth, taxes, and long-term planning, often without the support of a traditional employer-sponsored plan. But with the right structure, your retirement accounts can be just as powerful, if not more.

Here are a few we regularly help clients set up:
Solo 401(k) for aggressive saving and maximum deductions
SEP IRA for simplicity and flexible contributions
Roth IRA (or Backdoor Roth) for long-term tax-free growth
Traditional IRA and SIMPLE IRA for additional options depending on income and goals

Understanding contribution timing, income limits, RMDs, and tax diversification can help structure your retirement plan to match your ambitions.

05/12/2025

Our most-read blog post this tax season was on the Qualified Business Income (QBI) deduction—so we turned it into a downloadable visual guide.

Whether you're a pass-through business owner or advising one, this infographic breaks down who qualifies, how the thresholds work, and what to know if you’re in a Specified Service Trade or Business (SSTB).

Download the full guide here: https://www.slideshare.net/slideshow/qbi-deduction-raines-fischer-llp-pdf/276834748

QBI Deduction - Raines & Fischer, LLP.pdf - Download as a PDF or view online for free

05/09/2025

High-Income Earners: Are You Maximizing Your Tax Strategy?

At Raines & Fischer, we've identified common pitfalls that high-net-worth individuals often encounter during tax season. From overlooking the benefits of donor-advised funds to mismanaging stock options, these missteps can lead to significant tax liabilities.

Read the full article here: https://medium.com//high-net-worth-tax-planning-c117a48c4c47

As a senior CPA specializing in high-net-worth individuals, I see the same missed opportunities and pitfalls every tax season. Wealthier…

05/08/2025

New taxes don’t stop at retirement—and in some cases, they get more complex. Raines & Fischer was featured in this U.S. News & World Report piece breaking down the key tax issues retirees face, from RMDs to Social Security taxes and state-level surprises.

If you’re planning for retirement or advising someone who is, this is worth a read.

🔗: https://money.usnews.com/money/retirement/iras/articles/new-taxes-retirees-face

Be prepared to manage these taxes that will start when you retire.

05/08/2025

New taxes don’t stop at retirement—and in some cases, they get more complex. Raines & Fischer was featured in this U.S. News & World Report piece breaking down the key tax issues retirees face, from RMDs to Social Security taxes and state-level surprises.

🔗 Read the full article: https://money.usnews.com/money/retirement/iras/articles/new-taxes-retirees-face

Be prepared to manage these taxes that will start when you retire.

05/07/2025

Planning for retirement? We were featured in this U.S. News & World Report article that breaks down the key retirement accounts to consider—from 401(k)s to Roth IRAs and beyond.

🔗 Read the full article: https://money.usnews.com/money/retirement/articles/retirement-accounts-you-should-consider

02/21/2025

We're pleased to be featured in U.S. News & World Report discussing new taxes retirees face. Smart tax planning can make a big difference in retirement—read more here:

Be prepared to manage these taxes that will start when you retire.