In the News: The Long-Awaited Tax Reform Bill
In today’s Marietta Daily Journal, Bil Lako, CFP®, delves into the Tax Reform Bill and how to navigate going forward.
MAGI and the Gift of an Income-Related Monthly Adjustment
Troy Harmon, CFA, CVA, is joined by Principal Jennifer J. Thomas, CFP®, and Managing Associate K.C. Smith, CFP®, who take a look at a couple who received a recommendation to reduce their modified adjusted gross income to avoid paying more for Medicare.
Early Year-End Tax Planning To Take Advantage Of Possible Tax Reform
We warned you! Tax laws do change, and we’re approaching what could be a BIG change. Thankfully there is still time and moves to make that may reduce your 2017 tax bill. Read all about it in this week’s Tax Tip.
It’s Time for Baby Boomer RMDs!
Baby boomers are turning 70½ at a fast clip—about 10,000 per day! If you’re a baby boomer, it’s time to take required minimum distributions seriously because penalties are steep!
The Ultimate Cheat Sheet on Growing Your Business
Key Performance Indicators help business owners know how their company is performing, and they can be used as a guiding point for every decision made within the company. We explain in this week’s Business Tip.
Ignoring IRS Notices Only Makes It Worse
Remember all those tax documents you get? The 1099s, W2s, K-1s? The IRS also receives a copy, and they can match it to what you report. Omit one and you’ll get a letter. We explain in this week’s Tax Tip.
Converted Your Traditional IRA to a Roth IRA? Worried You May Have Done it too Soon if Tax Reform Passes?
You can convert your traditional IRA to a Roth IRA this year, and if tax laws change in your favor, you can recharacterize the conversion for 2017 and then re-convert for 2018. We explain in this week’s Tax Tip.
Ten Year-End Tax Tips for 2017
It’s almost year-end! If you want to improve your tax situation for 2017, learn 10 potential tax moves in this week’s Tax Tip.
A Beginner’s Guide to Bookkeeping
Before you spend sleepless nights crunching numbers for your business, understand the basics of bookkeeping. Learn more in this Business Tip.
Are life insurance proceeds income taxable?
Not all proceeds from a life insurance policy qualify for favorable tax treatment. We explain in this week’s Insurance Tip.