Nov 26, 2021 | Tax Planning
It’s that time of year when thoughts turn to, you guessed it, year-end tax planning opportunities. Tax planning strategies should always be looked at with a view toward multiple years. It’s not just about minimizing taxes this year, but looking at how the...
Nov 26, 2021 | Retirement Planning, Tax Planning
Although Roth IRA accounts were first established over 20 years ago, the way Roth accounts work is not as well-known as it should be. Roth conversions are even less well-known than Roth contributions, yet they can be even more beneficial than a direct contribution to...
Mar 26, 2021 | Investments, Tax Planning
Investing has become more accessible to more people than ever before due to the elimination of trading fees, the ability to purchase fractional shares of a stock, and the user-friendliness of investing apps. Investing in the stock market is one of the few ways to...
Dec 29, 2020 | Tax Planning
A $900 Billion Stimulus bill was signed into law on December 27, 2020. It is the second stimulus bill in response to the COVID-19 pandemic. There is a lot of information in this most recent stimulus bill, as the full text was almost 5,600 pages long. So that you...
Nov 30, 2020 | Tax Planning
The end of the year is always a good time to do a financial check-up and make any needed adjustments, but this year it is even more important. This year is unique for many reasons. Just one of them is the many signficant tax law changes which were in effect this year....
Oct 27, 2020 | Tax Planning
If receiving unemployment income is new to you, did you know that it’s taxable income? Many people received unemployment income recently for the first time due to the pandemic. However, you may not realize that it’s considered taxable income by the IRS....
