What Are Tax-deferred Accounts — and Why Are They Beneficial?

Deferred Tax

What Are Tax-deferred Accounts — and Why Are They Beneficial? Tax day may finally be in the rear-view mirror, but that doesn’t mean you should forget about tax planning. In fact, now is a great time to get a jump start on tax planning for the rest of this year so you’re better prepared during […]

The Tax Cuts and Jobs Act: How Tax Reform Could Affect Your Business

Tax Reform Act Business

In our last article, we discussed the major provisions of the Tax Cuts and Jobs Act — which was signed into law by President Trump on December 22 — that affect individuals and families. Here, we cover the major provisions that affect businesses. Lower Corporate Tax Rate The centerpiece of tax reform on the business […]

Year-end Tax Planning

Year end Tax Planning

Moves to Make Before Year-End As you’re probably aware, legislators in Washington are in the process of trying to pass a major tax reform bill. Given the current uncertainty about tax reform, you might think there’s not much you can do right now to lower your 2017 tax bill. Think again. Regardless of what kind […]

The Lowdown on the Republican Tax Reform Proposal

tax reform

In early November, Republicans in the House of Representatives finally released the details of a tax reform plan that many have been speculating about for months. If enacted, the Tax Cuts and Jobs Act would implement the biggest changes to our nation’s tax code in more than three decades. Of course, this is a very […]

Tax-planning Strategies for New Parents

new parents

New parents have lots of new things to think about — from what kind of formula to feed their baby to what kind of car seat to buy. One thing that probably isn’t high on a new parent’s priority list is tax planning. But maybe it should be. Having a child can impact your taxes […]