Above-the-Line Education Tax Deduction Reinstated
Taxpayers now have a couple of optional tax benefits for post-secondary education expenses, and the rules related to each are different.
2020 Annual Limits Relating to Financial Planning
Every number you may need! Download our 2020 Annual Limits Relating to Financial Planning quick reference sheet, download it here!
There’s Still Time to Contribute to an IRA for 2019
Have you made your 2019 IRA Contribution yet? You still have time.
The Difference Between an Audit, a Review, and a Compilation
If you’re considering investing in an organization or lending it money, you will likely need to get an audit, review, or compilation.
Congress Allowing Higher Medical Deductions for 2019 and 2020
With the passage of the Appropriations Act of 2020, more taxpayers may qualify for medical deductions.
Do I Have to File a Tax Return?
Even if you are not required to file a tax return, there are several benefits available that can produce refunds.
Planning Concerns of Divorcing Couples
If you’re getting a divorce, it’s important to understand the basics of divorce law.
Understanding Your Annual Social Security Letter
Even though your monthly Social Security benefits may have increased because of inflation, the net amount you receive may actually be less per month because of increases in Medicare Part B and D premiums.
Last Year’s Last-Minute Tax Changes by Congress
Congress passed many tax changes that became effective in 2020, as well as extensions through 2020 of several tax provisions that had expired or were about to end.
The SECURE Act—Not All Bad News for Retirement Plans
In today’s Marietta Daily Journal, Bil Lako, CFP®, looks at some of the significant changes from the SECURE Act, which is being described as the biggest piece of legislation to affect retirement accounts since 2006.