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    Home > Blog > Real Estate Retirement Tax

    Start using your tax refund and tips for marriage planning
    Posts

    Time to start your tax planning

    Now that April has come and gone, you could wait until January to think about taxes again—but that’s a bit...

    Social Security Earnings Report Review
    Posts

    An earnings report review is for everyone

    Most of us go through life without being concerned about or checking our Social Security records. We assume the money...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    Plan your 2025 retirement contributions

    As part of your planning, now is the time to review the contributions to your retirement accounts in 2025. Recent...

    Social Security Benefit Changes for 2025
    Posts

    Hike in Social Security Benefits announced for 2025

    The Social Security Administration announced a 2.5% boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2025,...

    Business Owner Employee Tax Limits not filing on time for Independent Contractor vs. Employee and retirement plans for small businesses
    Posts

    Retirement plan options for small business owners

    Offering a retirement plan can be a powerful tool when you’re competing to attract the best employees. And if you're...

    IRA contribution error with contributions to retirement savings to retire early
    Posts

    Tax tips to aid in retiring early

    Wouldn’t it be nice to check out of the workforce early and not need to worry about having enough money...

    Retirement Account Withdrawal
    Posts

    Avoid a penalty and tax surprise when withdrawing from retirement accounts

    Retirement accounts that provide tax breaks have very specific rules that you must adhere to if you want to enjoy...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    Plan your 2024 retirement contributions

    As part of your retirement planning for 2024, now is the time to review funding your retirement accounts. Recent cost-of-living...

    how to reduce your 2023 income tax bill
    Posts

    Take action now to reduce your 2023 income tax bill – part two

    For many people, 2023 will be a confusing year to plan for taxes due to various issues. These include erratic...

    2024 Cost-Of-Living Adjustment Tax and Estate Planning
    Posts

    How the 2024 cost-of-living adjustment numbers affect your year-end tax planning – part two

    The IRS released the 2024 cost-of-living adjustments for over 60 tax provisions recently. Though not as much as in the...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    Large retirement account balances can cause tax problems

    Putting off distributions and holding assets in your retirement accounts as long as possible may seem like a good idea....

    Increase and Maximize Your Social Security Benefits
    Posts

    Hike in Social Security benefits announced for 2024

    The Social Security Administration announced a 3.2% increase in monthly Social Security and Supplemental Security Income (SSI) benefits for 2024....

    Increase and Maximize Your Social Security Benefits
    Posts

    How to Maximize Your Social Security

    When you decide to start taking your Social Security benefit can greatly impact the monthly amount you receive. You can receive...

    IRS guidance on new catch-up contribution rules for tax-favored retirement plan
    Posts

    IRS issues guidance on new retirement catch-up contribution rules – part two

    The new catch-up requirements are set to take effect after 2023. Many retirement plan sponsors have found it challenging to...

    IRS guidance on new catch-up contribution rules for tax-favored retirement plan
    Posts

    IRS issues guidance on new retirement catch-up contribution rules – part one

    The SECURE 2.0 Act was signed into law by President Biden in December 2022. The expansive new law significantly altered...

    IRA contribution error with contributions to retirement savings to retire early
    Posts

    An IRA contribution error

    The IRS is beginning to tackle the taxpayer error of a yearly excess contribution to an IRA account. If you...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    IRS provides transitional relief for RMDs and inherited IRAs – part two

    In response to recent legislative changes, IRS Notice 2023-54 expands the relief already provided to taxpayers subject to the so-called...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    IRS provides transitional relief for RMDs and inherited IRAs – part one

    In response to recent legislative changes affecting the age at which taxpayers must start taking required minimum distributions (RMDs) from...

    Increase and Maximize Your Social Security Benefits
    Posts

    Social Security’s future: The problem and the proposals part II

    Recent studies have rekindled fears about the Social Security program's approaching insolvency without congressional action. Social Security reform has long...

    Increase and Maximize Your Social Security Benefits
    Posts

    Social Security’s future: The problem and the proposals part I

    Over 6 million people currently receive Social Security benefits. But, according to the Congressional Budget Office (CBO), in 2032, the...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    New tax rules mean changes for retirement accounts

    There are many methods for you to increase your retirement savings accounts through the SECURE Act 2.0, which Congress passed...

    Roth IRA tax-free retirement savings
    Posts

    Is a Roth IRA right for you?

    Consider investing in a Roth IRA if you're searching for tax-free savings and greater freedom in retirement. While Roth IRA...

    Year-end spending package tackles retirement savings planning
    Posts

    Year-end spending package tackles retirement planning: part two

    Congress enacted the Consolidated Appropriations Act of 2023 on December 23, 2022. In addition, the expansive year-end spending "omnibus" bill...

    Year-end spending package tackles retirement savings planning
    Posts

    Year-end spending package tackles retirement planning: part one

    Congress enacted the Consolidated Appropriations Act of 2023 on December 23, 2022. In addition, the expansive year-end spending "omnibus" bill...

    2024 planning for tax-effective contributions to retirement savings accounts and relief for RMDs with the 10-year rule
    Posts

    Plan Your 2023 Retirement Contributions

    As part of your planning for next year, you should review the contributions needed to fund your retirement accounts in...

    Roth IRA tax-free retirement savings
    Posts

    5 steps to take now to cut your 2022 tax liability: Convert your traditional IRA to a Roth IRA

    High inflation, rising interest rates, and a downturn in the stock market have all made for an eventful year. While...

    Posts

    What do the 2023 cost-of-living adjustment numbers mean for you? Part three: retirement plans

    For more than 60 tax provisions, the IRS recently released its cost-of-living adjustment numbers for 2023. Many values increased significantly...

    Posts

    Take a balanced approach to retirement and estate planning using a split annuity

    The biggest problem for those who are approaching or have already reached retirement is striking a balance between the necessity...

    ERISA
    Posts

    ERISA and EAPs: What’s the deal?

    When considering an employee assistance program (EAP), many business owners wonder if the Employee Retirement Income Security Act (ERISA) will...

    IRS guidance on new catch-up contribution rules for tax-favored retirement plan
    Posts

    Establish a tax-favored retirement plan

    If your company doesn't already have a tax-favored retirement plan in place, now is a terrific moment to start. The...

    Selling property to family and what else requires a tax review for inherited IRA
    Posts

    Proposed regulations for inherited IRAs bring unwelcome surprises

    The first significant legislation signed into law addressing retirement savings since 2006 was in late 2019. Many improvements to retirement...

    IRA contribution error with contributions to retirement savings to retire early
    Posts

    Congress eyes further retirement savings enhancements

    The bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law in 2019, marking the first important...

    Posts

    With a self-directed IRA, you choose your own investments

    If you’re the type who would rather order ala carte rather than a set entrée, you might prefer a “self-directed”...

    Posts

    IRS extends administrative relief for 401(k) plans

    As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in...

    Posts

    The SECURE Act changes the rules for employers on retirement plans

    The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a...

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