Women often face special challenges when planning for retirement. For example, if they are the primary caregivers in their families, their careers may be interrupted to care for children or elderly parents, which means they may spend less time in the workforce and earn less money than men in the … [Read more...]
Retirement Planning Tips for Women
The American Rescue Plan Act
The American Rescue Plan Act, recently passed by Congress, has now been signed into law. While the act has many provisions that address a wide range of topics, we wanted to provide you with a brief overview of several tax provisions applicable to individuals. Recovery Rebates The act provides for … [Read more...]
Video: Tax Planning Issues for Retirees
Hear Emily Petty and Matt Bellomo discuss tax planning issues for retirees. Our checklist highlights things you may not have considered that can have a tax impact, planning opportunities, tax saving tips, and more. From investment income and capital gains tax to deducting medical expenses, our quick … [Read more...]
New $300 Deduction For Cash Contributions
Cash donations up to $300 that were made to qualified charitable organizations in 2020 are now tax deductible, even if you don’t itemize your deductions. The Coronavirus Aid, Relief and Economic Security Act (CARES Act) that was passed in March 2020 included the tax law change to help support … [Read more...]
Video: Tax Planning Issues for the Working
Hear Emily Petty and Matt Bellomo discuss tax planning issues for those who are working. Our checklist highlights things you may not have considered that can have a tax impact, planning opportunities, tax saving tips, and more. From family and filing issues to state-specific issues, our quick video … [Read more...]