Posts by Chelsie Smith
2021 1099 Release Information
TD Ameritrade 1099 Release Information TD Ameritrade is releasing 1099s in waves: The first wave will be released on January 21, 2022 The second wave will be released on February 4, 2022 The third wave will be released on February 11, 2022 The fourth wave will be released on February 17, 2022 You can find…
Read More2022 Key Financial Data
Follow this link to download the most recent copy of 2022 Key Financial Data. If you have any questions about the new rules or limits, feel free to schedule with an advisor.
Read More2021 Year-End Tax Planning
The window for many tax-saving opportunities closes on December 31st. It’s important to evaluate your tax situation, while there’s still time to affect your bottom line for the 2021 tax year. Your specific circumstances should be considered, so please reach out if you have any questions about 2021 Year-End Tax Planning. Charitable Contributions There are…
Read MoreWhat We are Thankful For
In the spirit of Thanksgiving, Leonard Rickey Investment Advisors wants to take a few moments to share how thankful we are for our great clients, our awesome team, and our loving families! Each member of the team has shared something they are thankful for as well below: Ben: I’m thankful for the opportunities I’ve had…
Read More2021 Turkey Trot
Thursday, November 25, 2021 – Thanksgiving Day! Join us for the 2021 Turkey Trot 5K Fun Run on Thanksgiving morning! Work up an appetite before the feast! Leonard Rickey Investment Advisors sponsors this event, and we invite you to help raise money to support Camp Prime Time and the Yakima Greenway. Prizes will be given for…
Read MoreWhat is my Tax Bracket?
We often hear the question, “what is my tax bracket?” Generally, a tax bracket is the income tax rate at which a taxpayer is taxed for a certain range of income. The income ranges vary, depending on filing status. We will look at the difference between marginal tax rate and effective tax rate. Marginal Tax…
Read MoreChild Tax Credit Monthly Payments starting July 15th
The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax returns filed with the agency, may be eligible to receive monthly Child Tax Credit payments starting in July. The American Rescue Plan Act authorized the expanded and newly-advanceable Child Tax Credit in March. The letters go…
Read MoreWashington State Long Term Care Payroll Tax
Washington state passed a new law that aims to provide long-term care (LTC) coverage to residents starting in 2025. To pay for this benefit, you will see a new Washington state long term care payroll tax starting in 2022. There is a one-time option to opt out, but you must take action now! To opt…
Read MoreTeaching Your Older Children About Money
Last month, we looked at ways to start teaching younger children about money and how to handle it wisely. This month, we will look at ways to teach older children about finances, including savings, budgeting, and credit. Below are some additional steps parents can take to help their children build a solid financial base. Earning…
Read MoreTeaching Your Children About Money
Even before your children can count, they already know something about money: it’s what you have to give the ice cream man to get a cone or put in the slot to ride the rocket ship at the grocery store. Every parent wants to raise their children to be responsible, including with finances. So, as…
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