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2021 Key Financial Data

By Chelsie Smith / January 13, 2021 / Comments Off on 2021 Key Financial Data

The new year is here and so is 2021 Key Financial Data! Click here: Key Financial Data 2021 to download a summary of the updated limits and rules for the new tax year. Feel free to give us a call with any questions.

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Consolidated Appropriations Act Provides Relief to Individuals and Businesses

By Susan Van Tress / January 13, 2021 / Comments Off on Consolidated Appropriations Act Provides Relief to Individuals and Businesses

On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis.  Major relief provisions are summarized here, as well…

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2020 Year-End Tax Planning

By Susan Van Tress / December 11, 2020 / Comments Off on 2020 Year-End Tax Planning

The window for many tax-saving opportunities closes on December 31. It’s important to evaluate your tax situation, while there’s still time to affect your bottom line for the 2020 tax year. Your specific circumstances should be considered, so please reach out if you have any questions. Timing is Everything Consider any opportunities you have to…

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Thinking about refinancing your mortgage? Here are some tips

By Dirk Bernd / October 8, 2020 / Comments Off on Thinking about refinancing your mortgage? Here are some tips

With interest rates at all time lows, we are noticing an increase in refinance questions.  Please contact your advisor if you have questions or would like to explore how a refinance may or may not fit into your financial plan. Why refinance your mortgage? There are a variety of reasons why you may want to…

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Coronavirus Aid and Economic Security (CARES) Act Passes

By Ben Rickey / March 30, 2020 / Comments Off on Coronavirus Aid and Economic Security (CARES) Act Passes

The Coronavirus Aid and Economic Security (CARES) Act was signed into law on March 27th.  While there are many details to work out in implementation, we wanted to run through a couple of the highlights with you.  We start with a few of the provisions that apply to everyone, including the rebate checks.  We follow…

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Naming Your Beneficiaries

By Matt Hargreaves / July 20, 2018 / Comments Off on Naming Your Beneficiaries

Naming your Beneficiaries: Avoid the Pitfalls We get a lot of questions from people on naming beneficiaries to their accounts.  While the paperwork is relatively straightforward, it is important to pay attention to a few key areas to avoid some common mistakes. Updating your will is not enough Your beneficiary designations trump your will. Even…

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Tax Changes

By Ben Rickey / December 21, 2017 / Comments Off on Tax Changes

This holiday season wouldn’t be complete without a quick discussion on the recent Tax Bill passage.  The Tax Cuts and Jobs Act (TCJA) of 2017 promises something for everyone.  For most individuals and couples, this bill is really just a tweak to the current system.  For Businesses and Corporations, this is a major change. To…

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2017 Key Tax Information

By Michelle / January 23, 2017 / Comments Off on 2017 Key Tax Information

It’s a brand new year and before you know it, it will be time to start working on your taxes. Whether you anticipate a refund coming and plan to file as soon as possible, or you’re going to wait until the last minute to delay paying a hefty tax bill, tax season always involves collecting necessary documents and…

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Proposed Taxes in 2017

By Michelle / December 21, 2016 / Comments Off on Proposed Taxes in 2017

Proposed Taxes in 2017 One of the biggest financial implications of the 2016 election outcome could be the potential effect on tax legislation.  2017 could be the first year of major tax reform in quite some time.  It remains to be seen if any of the potential changes being discussed have a chance to be implemented; however,…

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Don’t Roll Your Tax Refund Forward

By Michelle / February 18, 2016 / Comments Off on Don’t Roll Your Tax Refund Forward

Getting a refund this tax year? You might be planning to use this money like a bonus: buying things you need or want or even putting it into an investment account. However, many Americans choose to apply their refund to next year’s taxes. At first glance, it might seem like a sensible idea – prepaying…

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