All high-income earners have a series of special tax considerations that can affect their annual tax burden by hundreds of thousands of dollars. But, unfortunately, many high earners...
Posted by Thomas G Kinsella, ATP on 06/18/2021
Traditional and Roth IRAs may be the king and queen of the retirement prom, but there are other great options that savers shouldn't ignore.Although there are lesser-known SEP,...
Posted by Jim McClaflin, EA, NTPI Fellow on 06/06/2021
If you do not like to work under stress, there is a way to plan your retirement process. All readers out there who do not have the luxury of becoming a retirement expert will find...
Posted by Thomas G Kinsella, ATP on 05/18/2021
Tax season is here, and replacing your annual tax return has never been easier. Your annual security benefit statement, also known as SSA-1099 or SSA-1042S, is a tax form sent out...
The financial abuse of the elderly is becoming more and more intense and increasing rapidly every day. This horrible problem is common among the rich and famous and is becoming a problem...
Saving for retirement as an entrepreneur can be complicated and expensive, but it doesn't always have to be. If you are an entrepreneur, several retirement accounts can be easily...
Posted by Abundant Wealth Planning LLC on 04/21/2021
A 457(b) plan is an employer-sponsored retirement savings account with tax benefits. With this plan, you contribute pre-tax money to your salary, and that money will not be taxed until...
Posted by KLSM CPA Firm PLLC on 04/20/2021
A pension in any form, either in the form of a lump sum or an annuity (sometimes called a retirement pension) or a combination of both, is a valuable and increasingly rare advantage....
Posted by The TaxAdvocate Group, LLC on 04/20/2021
A defined benefit pension plan is a program in which the amount paid is a factor of the years one has been working for the employer, and the salary earned. With defined benefits,...
Posted by Unifirst Financial & Tax Consultants on 03/26/2021
