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Tax Filing Deadline October 15

Tax Filing Deadline October 15

Are your 2019 taxes still on extension? You have until Thursday, October 15 to file your return. For additional details on special circumstances that may affect your filing date, check here.  

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Will Your Tax Rates Go Up?

Taxes and the upcoming elections seem to be on everyone’s mind. Many clients are asking whether they should expect tax rates to go up in the future. That’s an impossible question to answer without consulting our crystal ball, but a peek into the past might help give that question some historical context. We can look at […]

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Help! The IRS Hasn’t Cashed My Check Yet

You did everything right. You owed money to the IRS so you sent in a check before the deadline. Weeks have gone by, and they still haven’t cashed your check yet. What gives? This is the story we are hearing from more than a few clients. They sent some pretty big checks in to the […]

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Is A Roth Conversion Right For You? 7 Things You Need To Know

We’ve been talking to several clients about doing a Roth Conversion before year-end. For some people, a Roth Conversion can be a great tax-saving strategy, but for others it could go down as a big mistake. Here’s some of the most common misconceptions about Roth Conversions, and what you absolutely need to know before you […]

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US News & World Report: Last Minute Tax Tips!

We were happy to collaborate last week with U.S. News & World Report and journalist Kimberly Lankford on last minute tax tips for 2020! Here’s a couple of our favorite tax moves you can still take advantage of right now: A perfect time for the non-working spouse to start on the path to financial freedom […]

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Self-Employed? Don’t Miss This Opportunity To Slash Your Taxes Before The Deadline

We’re always glad to get the word out about amazing opportunities to cut your tax bill and beef up your retirement savings at the same time. So thank you to Brett Arends of MarketWatch for asking us to chime in on how self-employed people can save money by setting up their own retirement plans. In his […]

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Thank You, Ed Slott and Financial Advisor Magazine!

Thank you to America’s IRA Expert Ed Slott, CPA and to Financial Advisor magazine for hosting the incredibly informative June 9 webcast answering advisors’ questions on the 2020 retirement tax rules. Ed Slott, if you are not familiar with his name, is widely regarded by financial planners as the expert’s expert when it comes to […]

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4 Financial Wellness Tips For Real Estate Professionals

We work with quite a few real estate professionals, and were honored to contribute commentary a few weeks ago to an article in REALTOR® magazine on financial wellness. Like many others, real estate professionals have been heavily impacted by the COVID-19 pandemic. The traditional home buying and selling market has been turned on its head […]

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Receiving Unemployment Benefits? Make Sure You Understand How They’re Taxed

Millions of American workers have been furloughed or laid off over the last few weeks, and have applied to receive unemployment benefits. For many, it’s the first time they’ve been out of work, and they’re not familiar with how unemployment benefits are taxed. So here’s a quick refresher course on how that benefit lifeline may […]

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Breaking News: IRA Withdrawals Are OPTIONAL For 2020

We’re calling clients to get the word out. Required Minimum Distributions (RMDs), those IRA and retirement withdrawals you’re required to take once you turn age 72 (formerly 70½), are now optional for 2020. It’s the government’s way of letting your IRA and retirement accounts recover and catch their breath from the COVID-19 crisis. We discussed […]

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