Are you saving enough for retirement?

Summer Jobs and Loving Grandparents

Summer Jobs and Loving Grandparents

When their grandchildren get older, my clients will often pose the question of how to help them out without just giving them money directly.

How to Report Your 2020 RMD Rollover on Your Tax Return

How to Report Your 2020 RMD Rollover on Your Tax Return

One of the provisions of the CARES Act was a suspension of 2020 Required Minimum Distributions (RMDs). For individuals who took a distribution early in 2020, they were given the opportunity to “undo” part or all of that distribution by returning funds to their IRA by August 31, 2020. Learn more about the tax reporting.

Making Sense of the WEP and GPO

Making Sense of the WEP and GPO

Do you have a federal or local government pension? Don’t let the WEP or GPO surprise you. Not only do many people find these rules confusing, but they are also often completely overlooked, which may result in a big surprise when filing for Social Security benefits.

2020 Year-End Tax Moves

2020 Year-End Tax Moves

Here are six moves to consider making before the end of the year to potentially lower your taxes both this year and in years to come.