Financial & Legal Professionals

Educational Articles

5 Things You Need To Know About The SECURE Act

5 Things You Need To Know About The SECURE Act

The SECURE Act is by far the biggest retirement-oriented legislation to be enacted in over a decade. Many Americans are left wondering, “What does this mean for me?” Here’s what you need to know.The SECURE Act, passed in late 2019, is by far the biggest...

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How To Get Tax Savings On Charitable Contributions After 2018

How To Get Tax Savings On Charitable Contributions After 2018

Qualified charitable distributions from an IRA provide individuals over 70½ with a way to receive income tax savings on charitable gifts—even if they decide to take the newly increased standard deduction.The proportion of individuals who claimed charitable deductions...

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IRS Throws Salt in the SALT Deduction Limit Wound

IRS Throws Salt in the SALT Deduction Limit Wound

The Tax Cuts and Jobs Act of 2017 introduced a limit for deductions on state and local taxes. Some states hoped to get around that through charitable contributions. But the IRS says no.In August of 2018, the IRS released new proposed regulations (technically, they are...

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The SECURE & CARES Act’s Impact On Retirement

The SECURE & CARES Act’s Impact On Retirement

What Your Client's Need To Know NowThe Setting Every Community Up for Retirement Enhancement (SECURE) Act single-handedly upended many long-standing retirement rules when it became effective on January 1, 2020. Shockingly, the SECURE Act was pushed to the back burner...

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Key Tax Changes From The Tax Cuts And Jobs Act

Key Tax Changes From The Tax Cuts And Jobs Act

As financial professionals, we all have to deal with the fallout of the Tax Cuts and Jobs Act, so I’m enclosing a very handy reference card that I send to all of my clients which, I thought you might find beneficial as well. It’s called the Key Tax Changes From the...

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Factors To Consider When Updating Your Insurance Coverage

Factors To Consider When Updating Your Insurance Coverage

The Smart Asset Protection Planning Newsletter With government health care policies always uncertain and the memory of super storms still fresh, now is a good time to review insurance policies coverage, insurance needs, and emergency plans. Insurance coverage tends to...

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