New Law Extends Key Tax Breaks into 2020 — aka How Congress tries to upset your year-end planning Just when it seemed like Congress was too distracted by impeachment proceedings and national security to worry about taxes, they throw curveballs into our year-end tax planning. The Extenders and Secure (Retirement) Act are just a…
How much will Social Security pay you at retirement? Our chart will give you an answer.
Retirement Planning – it’s more than a game of scrabble? Some of the 2013 retirement plan limits have changed. Good planning involves trying to max out these amounts every year. Stop playing a game of scrabble with your retirement and hoping for some lucky tiles to come your way. We can help you determine how much…
It’s still early in 2012, but for our clients wanting to start their tax planning here are the updated numbers for this year. Retirement Plans Limits Plan Limit Limit with Catchup Simple 11,500 14,000 401(k) 17,000 22,500 Roth 401(k) 17,000 22,500 IRA 5,000 6,000 Roth IRA 5,000 6,000 403(b) 17,000 22,500 Roth 403(b) 17,000 22,500…
The problem is that it’s a deal for the government employees and not the taxpayers. An IRS early buyout program of up to $25,000 per individual will be offered to 5,400 employees with plans to accept about 1,600 individuals. Some may debate that fewer agents are worth the price tag, but I wonder if…
