Article originally published on AdvisorStream Tax Day is about two months away, and there are some changes taxpayers need to be aware of—ranging from this year’s filing deadline to tax breaks that have expired or shrunk. As a result of numerous changes, many people may be surprised by getting smaller refunds for 2022. Others who had been […]
Don’t Forget These Tax Changes as You Prepare Your 2022 Returns Read More »
The due date for federal income tax returns and payments is Wednesday, July 15, 2020. Due to the coronavirus pandemic, the original due date for filing federal income tax returns and making tax payments was postponed by the IRS from April 15, 2020, to July 15, 2020. No interest, penalties, or additions to tax are
July 15 Due Date Approaches for Federal Income Tax Returns and Payments Read More »
The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate. The SECURE Act represents the most sweeping set of changes to retirement legislation in
New Spending Package Includes Sweeping Retirement Plan Changes (SECURE Act) Read More »
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could potentially enhance your ability to give and should
Year-End Charitable Giving Read More »
Roundup of tax-related investment strategies and news your clients may be thinking about. This article was originally on FinancialPlanning.com Tax tips for last-minute filing As the tax-filing deadline draws near, clients who need more time to prepare their taxes should consider an extension until Oct. 15 to avoid putting themselves through a stressful situation, according
Tax tips for last-minute filing: Tax Strategy Scan Read More »
Making a last-minute contribution to an IRA may help you reduce your 2018 tax bill. If you qualify, your traditional IRA contribution may be tax deductible. And if you had low to moderate income and meet eligibility requirements, you may also be able to claim the Savers Credit for 2018 based on your contributions to
There’s Still Time to Contribute to an IRA for 2018 Read More »
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