Wealth Advisor, CPA, CFP®
Phuc was born in Thailand but has lived in Seattle since 1980. He is a CERTIFIED FINANCIAL PLANNER™ in addition to being a Certified Public Accountant in the state of Washington. Phuc graduated with honors from the University of Washington with a degree in business administration, and has over 20 years of experience in the banking, accounting, and financial services industry. He continually draws on these different disciplines to help his clients achieve their financial goals. He lives in Seattle with his partner and enjoys shooting pool, playing board games with friends, and spending time with his 19 nephews and nieces.
Stimulus 2.0: What Is (and Isn’t) Included in Consolidated Appropriations Act (CAA) of 2021
On December 21, 2020, Congress passed the second round of major stimulus as a follow-up to the CARES Act passed earlier in March 2020. While the CAA expanded on some of the relief provided in the earlier CARES Act, it was also notable for a few specific provisions it didn’t include.
How to Circumvent the Demise of the Stretch: Strategies to Provide for Beneficiaries Beyond the 10-year Rule
With the new SECURE Act legislation, the stretch has been eliminated for IRAs. Are there other options for my beneficiary to receive the income over a period longer than 10 years?
How does the CARES Act impact me?
Curious about what’s contained in the new almost 900-page CARES Act legislation? Here’s a snapshot of some sections that will have the biggest impact for individual taxpayers.