MidCoast Advisors

10/19/2026

A large IRA can be a meaningful inheritance, but it may also leave your children with a significant tax bill.
For many beneficiaries other than a spouse, inherited traditional IRA assets may need to be distributed within 10 years, which can create added taxable income during peak earning years. Our latest article explains what families may want to consider before that tax burden is passed on. Read more:

Explore the implications of the New Inheritance Tax on large IRAs and how it affects your children's future inheritance.

10/16/2026

Pretzels were tossed. Potatoes were raced. Competition got a little serious. 🥨🥔🍻

MidKoastoberfest brought our team together for an afternoon of good food, games, laughs, and some much-needed time away from our desks.

Between the team potluck, pretzel toss, potato race, and Around the World, there was no shortage of friendly competition.

We put a lot of value on creating opportunities like this because strong teams aren’t built through work alone. They’re built through connection, shared traditions, and having a little fun together.

Prost to another MidKoastoberfest in the books!🍻

10/14/2026

For high earners, retirement tax planning is often less about one big decision and more about the timing of income.

The years before required distributions begin may create opportunities to evaluate withdrawals, Roth conversions, investment income, and other taxable income more intentionally.

See below how some easily overlooked tax planning considerations are worth planning for early.

Want to take a closer look at how these decisions can affect your retirement tax picture? Read our blog: https://midcoast.link/MtxBYT

10/08/2026

Retirement tax planning should start before retirement.

Tax-deferred accounts can help reduce taxable income today, but withdrawals are generally taxable later.

For high earners, planning ahead can help you better understand how retirement income, Roth conversions, and required distributions may affect your future tax picture.

The takeaway: Don’t just plan how much to save. Plan how those savings may be taxed, too.

Learn more: https://midcoast.link/MtxBYT

10/05/2026

Most tax surprises do not happen because someone ignored their taxes. They happen because life changed, and the tax plan did not get a second look.

Download the Midyear Tax Checkup Checklist, here: https://midcoast.link/3hC4p6

10/01/2026

Meet Derric.

Derric helps turn the MidCoast vision into action. As our Integrator and a member of the leadership team, he works across the organization to keep priorities aligned, plans moving forward, and the team focused on what matters most.

A big part of his role is business plan ex*****on. He helps identify and remove major obstacles, connects the right people and resources, and keeps important initiatives from getting stuck along the way.

Derric also keeps a close eye on the numbers that help us understand how the business is performing. That combination of accountability, problem-solving, and follow-through helps our team operate more effectively and continue improving the experience we provide.

Aligned leadership. Thoughtful ex*****on. A stronger team working toward “Well Done."

09/28/2026

We just hosted our semi-annual State of the Business meeting; here are some of the things that were reinforced:

Our clients trust us.
Our Tax team has a nearly 90% client retention rate, which means clients continue choosing to work with us year after year AND referrals remain our #1 source of new relationships.

Why? Because the level of service we provide speaks for itself.
We want to add value. We want to make an impact. And we want you to feel supported, informed, and confident in the decisions you're making.

That's the MidCoast Way.

09/24/2026

Thinking about a Roth conversion before year-end? It may help create future tax flexibility, but only if the timing fits your full tax picture. Read the blog before you decide.

Does a Roth conversion makes sense before year-end? See how tax projections, retirement timing, cash flow, and Medicare impact your decision.

09/21/2026

Were you impacted by the recent severe storms, tornadoes, or flooding in Indiana?

There may be tax relief available to you.

Following a FEMA disaster declaration, the IRS announced tax relief for qualifying individuals and businesses impacted by the severe weather that began August 11, 2026.

For eligible taxpayers, certain federal tax filing and payment deadlines have been postponed to February 1, 2027. How might you be impacted?
The relief can apply to several upcoming tax obligations, including certain:

• Individual and business tax return deadlines
• Quarterly Estimated income tax payments
• Quarterly payroll and certain excise tax returns
• Other qualifying time-sensitive tax actions

One important distinction: if you received an extension to file your 2025 individual income tax return, the filing deadline may qualify for relief, but any 2025 tax payment that was originally due April 15, 2026, is not postponed under this announcement. However, estimated tax payments due after 8/11/26 have had their due date pushed back to 2/1/27, which can be meaningful for those who have larger estimated tax payments.

Disaster situations create enough uncertainty on their own. Understanding how the tax rules apply to your specific situation shouldn’t add to it.
➡ More on our blog, here: https://midcoast.link/HMt1OE
➡ Download our Midyear tax checkup checklist, here: https://midcoast.link/3hC4p6

09/16/2026

Retirement savings decisions should not happen in isolation from your tax strategy.

Roth contributions, pre-tax 401(k) contributions, brokerage accounts, and more advanced planning strategies can each impact your overall financial picture in different ways.

Coordinated guidance helps connect those decisions so your plan can adapt as your income, goals, and tax situation evolve.