Retiring Soon? Impacts on Your Retirement Savings.
Retiring soon? Recent law changes may have an impact on your retirement savings Thinking about retiring? If you’re approaching retirement, you probably want to ensure the money you’ve saved in…
Retiring soon? Recent law changes may have an impact on your retirement savings Thinking about retiring? If you’re approaching retirement, you probably want to ensure the money you’ve saved in…
Did you make donations in 2020? There’s still time to get substantiation. If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your…
2021 individual taxes: Answers to your questions about limits Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations. That’s…
Tax Credit and No Gasoline Although electric vehicles (or EVs) are a small percentage of the cars on the road today. They’re increasing in popularity all the time. And if…
New and revised 1099 Forms are due to recipients soon There’s a new IRS Form 1099-NEC for business taxpayers that pay or receive certain types of non-employee compensation and it…
Lots of Reasons to File Early – Here are Some of Them The IRS announced it is opening the 2020 individual income tax return filing season on February 12. (This…
Tax Breaks on School Books Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule. In any event, parents may…
Social Security Benefits and Your Taxes If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if so, how much will…
Tax return filed? Now consider these thing The tax filing deadline for 2019 tax returns has been extended until July 15 this year, due to the COVID-19 pandemic. After your…
What qualifies as a “coronavirus-related distribution” from a retirement plan? As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain…