Biden Hits the Campaign Trail With Tax Policy ProposalsIt’s never too early for clients to prepare for potential tax changes.Joe Biden is the presumptive Democratic nominee after securing enough delegates for the Democratic Party's nomination for the President of the United States. As a result, he's …
IRS Reminds Seniors: No RMD in 2020
IRS Reminds Seniors: No RMD in 2020The Internal Revenue Service is reminding seniors and retirees that they are not required to take money out of their IRAs and workplace retirement plans this year.The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, waives required minimum …
Estate Planning Tips Amid The Pandemic
Estate Planning Tips Amid The PandemicFor some people, coronavirus has been a wake-up call, alerting them to the need to craft or update their estate plan.Many people don’t have such a plan, which can include wills or trusts and powers of attorney for financial and medical purposes. But dying …
Tax Planning In Uncertain Times
Tax Planning In Uncertain TimesWe are living in a time of increasing political uncertainty. In 2017, Congress cut corporate and individual tax rates dramatically. Former Vice President Joe Biden now campaigns on a platform to increase taxes. He proposes the following:1. Revert the top individual …
Retirement, Social Security and Cash Flow
Retirement, Social Security and Cash FlowWhen folks seek to retire, one of the most important objectives to evaluate is their Social Security benefits. Social Security is an excellent resource because it provides a guaranteed check for life.However, if your clients file for their benefits too early …