Dec 14, 2021 | charities, financial planning, taxes, Uncategorized
WHAT A YEAR!!!Hopefully, you have been able to enjoy some parts and you and your loved ones have been healthy and safe.There are a few issues that I wanted to alert you on as the year comes to an end.For those who received Advanced Child Tax Credit payments in 2021...
Sep 8, 2021 | taxable income, taxes
The development of Bitcoin and numerous other cryptocurrencies within the last ten years has changed the definition of money through-out the world. This currency is still a NEW way of investing for most of us. Advocates of these currencies are hoping they will become...
Sep 7, 2021 | charities, donations, tax deduction, taxes
Now is the time to review your tax situation for this year. Will you be able to take advantage of the updated laws to date and/or get more money for tax credits in 2021? UNDER NEW AND UPDATED TAX LAWS FOR 2021: A charitable contribution is available for those using...
Jun 9, 2021 | financial planning, taxes
We have all heard the statement “DON’T TOUCH THE PRINCIPLE”.If you need to withdraw a Required Minimum Distribution (RDM) and the entire amount is not needed at the present time, my suggestion is to transfer the funds AFTER tax to another investment...
Jan 25, 2021 | charities, donations, tax deduction, taxable income, taxes
Ti’s the season for tax returns. Most of us have experienced unusual social conditions this past year. One thing has NOT changed. As of today our returns will be due April 15th THIS YEAR. This date may change since I am not aloud to e-file until February 2. The...
Sep 19, 2020 | charities, donations, nonprofits, tax deduction, taxes
This year has been both interesting and difficult for all of us. Everyday it seems we need to address another issue in our lives or the lives of our friends/neighbors both near and far away. We all have concerns. What will happen to our children? Will they be prepared...
