Every November, as Thanksgiving gives way to the busyness of year-end festivities, there’s a moment when you ask yourself if there is something you should be doing with your finances to protect your assets and minimize your taxes. This year, answering that question is more important than ever – as the U.S. faces persistent inflation, […]
Category: Tax Planning
Tax Time Tips for IRAs: Contribution Deadlines and Opening an IRA for a Child
This time of year, clients often ask questions about contributing to their individual retirement accounts (IRAs) since the deadline is coming soon. IRA Contributions Deadline The deadline to contribute to traditional IRAs, Roth IRAs, and SEP IRAs for 2021 is April 18, 2022. No, that’s not a typo, the IRS gave us all a few […]
Your Year-End Financial Checklist
Another year is almost in the books, which means now is a good time to make sure your financial situation is in order prior to ringing in the New Year. Sifting through the numerous financial deadlines and planning opportunities coupled with the busy holiday season can be a bit stressful. To simplify year-end management of […]