Posted By Jordon Rosen, CPA, MST, AEP The SECURE Act made several positive changes including expanding the availability of being able to contribute to an IRA beyond age 70 ½ and increasing the age to 72 for when individuals have to begin taking retirement plan distributions. The Act, with certain exceptions, does away with the “stretch IRA” and replaces it … Continued
As the end of the year quickly approaches, the January 31, 2019, 1099-MISC filing requirement is on the horizon.
Last summer I wrote a blog entitled, “So You Are Changing Jobs, Are You Forgetting Something?
You may or may not know your retirement date, or whether you intend to retire early or continue working as long as you can.
Yearend planning with losses may seem like a whole lot of work for nothing, but different categories of losses have different hoops you have to jump through, so understanding the rules is key to getting the most out of your losses.
It’s that time of year again when individual tax planning for the current year is key. When reviewing your 2017 year for tax planning, it is important to know the changes and updates to Form 1040 which could have an impact on the amount you pay in taxes.
Stashing away the maximum amount into your IRA each year is retirement planning rule 101.
On September 27th, the Trump Administration, along with the House Ways and Means Committee and the Senate Committee on Finance released a unified framework for fixing our tax system.
When most people think about what will happen to their assets after they’ve passed, they envision everything going first to their spouse and then to their children.
Do you have a first time college bound student? Learn more about the American Opportunity Tax Credit now as an upcoming tax strategy.
Are you the proud parent of a recent high school graduate? Are you preparing for your son or daughter’s college move-in day?