by Noah Green CPA CFE | May 9, 2026 | Wealth, Generation & Crossover
A high-earning software engineer reads a Backdoor Roth IRA guide, contributes \$7,000 to a traditional IRA as a non-deductible contribution, immediately converts the \$7,000 to a Roth IRA, and assumes she has cleanly executed the Backdoor Roth, adding \$7,000 to her...
by Noah Green CPA CFE | May 2, 2026 | Wealth, Generation & Crossover
A parent gifts \$100,000 to an adult child. The child uses \$100,000 to pay down a mortgage and that’s the end of the tax story, no income to the recipient, no income-tax consequences on either side, the gift consumes a small slice of the parent’s lifetime...
by Noah Green CPA CFE | Apr 25, 2026 | Wealth, Generation & Crossover
A retiree turning 73 in 2025 logs into her brokerage account in October expecting to set up her first Required Minimum Distribution. Her custodian’s RMD-calculation tool tells her the minimum distribution amount is approximately 3.77% of her December 31, 2024...
by Noah Green CPA CFE | Apr 18, 2026 | Wealth, Generation & Crossover
A high-net-worth couple holding a combined estate of \$14.5 million sits well within the elevated TCJA exemption that has applied since 2018 (IRC §2010(c), as raised by §11061 of P.L. 115-97, roughly \$13.61 million per spouse in 2024, indexed annually). The couple...
by Noah Green CPA CFE | Apr 11, 2026 | Wealth, Generation & Crossover
A taxpayer who opened a Roth IRA in 2018 with \$5,500 of regular contribution did a \$200,000 Roth conversion from her traditional IRA in 2022. Three years later, at age 56, she withdraws \$50,000 from the Roth account believing the 5-year clock for...
