Coronavirus Stimulus – Round Two

Coronavirus Stimulus – Round Two

On December 27, 2020, the Consolidated Appropriations Act of 2021 was signed into law. This legislation addresses a second round of stimulus checks, extended federal enhancements to unemployment benefits, new PPP funding, and a host of tax impacts.  We’ll review the highlights below and invite you to reach out for more information. Stimulus Payments In […]

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Coronavirus Stimulus – Round Two

Income and Estate Tax Considerations – Pending Possible Legislative Change

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Income and Estate Tax Considerations – Pending Possible Legislative Change
Are You Ready to Roth?

Are You Ready to Roth?

When you turn 72 (age 70.5 if born before July 1, 1949), you are required to withdraw funds from your traditional IRA. The amount, your Required Minimum Distribution (RMD), is calculated based on your age and account balance. This distribution, like all other withdrawals from a Traditional IRA, is taxable. Roth IRAs on the other […]

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Are You Ready to Roth?
Asset Location: Maximizing Growth While Minimizing Taxes

Asset Location: Maximizing Growth While Minimizing Taxes

When building an investment portfolio, we often spend a lot of time on what specific asset classes will make up the “investment pie.” Determining the right mix of asset types, namely stocks and bonds, to help maximize profits while minimizing risk is what we refer to as Asset Allocation. The idea is to strike the […]

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Asset Location: Maximizing Growth While Minimizing Taxes
Will You Receive a Surprise Tax Bill in 2019?

Will You Receive a Surprise Tax Bill in 2019?

2018 will not go down as a great year in the investment world, as the volatility of the fourth quarter brought stock market losses across all major asset classes. Despite this, many actively managed mutual funds distributed significant taxable capital gains in December. This is the result of significant gains that have been building in these funds […]

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Will You Receive a Surprise Tax Bill in 2019?
IRAs – Traditional vs. Roth

IRAs – Traditional vs. Roth

Brent discusses the differences between Traditional IRAs and Roth IRAs, and considerations for each. Transcript: Many clients, and my family and friends, always ask me, “Brent, what’s a better option for saving: a traditional IRA or a Roth IRA?” Well there are many different factors that you may want to consider when pursuing these options. […]

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IRAs – Traditional vs. Roth
Tax Savvy Charitable Contributions

Tax Savvy Charitable Contributions

If you happen to be charitably inclined there are a number of ways to stretch your contributions, reducing your tax burden and increasing funds to deserving organizations. Before writing a check, consider the following charitable contribution strategies: IRA Charitable Rollover Provision – Made permanent in December through the PATH Act of 2015, this law permits […]

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Tax Savvy Charitable Contributions