Understanding the Required Minimum Distribution

May 6, 2019

In an effort to encourage workers to save for retirement, the United States government allows individuals to save part of their income tax-deferred into retirement accounts. Workers do not have to pay taxes on these funds or on the investment gains until the money is withdrawn from the account as income, usually during retirement.

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Tips to Help Protect Yourself From Scams This Tax Season

March 18, 2019

The 2019 tax filing season is here, and as millions of Americans prepare to file their 2018 returns, the Internal Revenue Service (IRS) is reminding consumers to protect themselves against the many tax scams thieves often employ in an attempt to steal money and personal information from unsuspecting victims. Read more

2018 Tax Saving Strategies

December 5, 2018

With 2018 coming to a close and the 2019 tax season fast approaching, there is still time to take advantage of some tax-saving strategies for this year. Below are four year-end tax tips that could be useful whether you are trying to maximize your refund or minimize what you owe. Read more

4 Ways to Lower Your Tax Bill

January 18, 2018
With the start of a new year, we look forward to the arrival of spring and sunnier days, but January also marks the beginning of the often dreaded tax season. While some of us get excited for a long-awaited tax refund, many stress over getting their taxes filed correctly and paid on time. The December passage of the Tax Cuts and Jobs Act into law means the upcoming tax season may be all the more stressful as Tax Day nears. With this in mind, we want to discuss four tax strategies that could help you save money on your tax bills in 2018. Read more

IRS Advantages with Life Insurance

June 15, 2017

Nothing is certain except death and taxes, Benjamin Franklin once wrote. However, life insurance policies can afford us a brighter outlook by providing strategies to reduce taxes. Making the choice to purchase life insurance is a decision to protect your loved ones and help them maintain their quality of life. When establishing this legacy for a partner or child, it is important to consider the tax minimizing incentives of different policies.

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The New Tax Numbers For 2016

April 26, 2016
Knowing your IRS tax rate and rules that apply to 2016 are crucial.  They can have a major impact not only on your income tax returns but on your retirement and estate planning.

The positive news is that many of the key rates have not changed.  We have prepared a useful and convenient chart here which enables you to quickly review them all in one place.

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Year End Tax List

November 16, 2015
The year may be ending, but Uncle Sam’s payday is still looming a few months away. In order to make sure our clients are in the best shape possible come tax time, we thought we’d offer a year-end tax list to weather the storm. We hope the tips below prove helpful.

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