by SDP Team | Feb 11, 2020 | Tax
WASHINGTON – Seniors and retirees whose incomes are under $69,000 a year should explore IRS Free File for free online tax preparation. Seniors are among the key constituents for Free File which has served 57 million taxpayers and saved them $1.7 billion since the...
by SDP Team | Feb 11, 2020 | Tax
The SECURE Act was passed at the end of 2019, and with it came a variety of unintended and unexpected consequences surrounding tax planning. The tax analysis of the bill shows it’s expected to be a tax revenue generator for the government over the next 10 years. The...
by SDP Team | Feb 11, 2020 | Tax
With tax season officially open as of Jan. 27, taxpayers may feel a familiar sense of anxiety. In fact, about 1 in 3 taxpayers told Credit Karma Tax in a recent survey they typically get anxious about prepping their taxes. Tax anxieties are higher among younger...
by SDP Team | Jan 23, 2020 | Tax
Is Your Retirement Really SECURE? Part II Written by Conrad Slate Do you know about the new SECURE Act? It’s the one passed by Congress in December that lets you postpone your required distributions (RMDs) from starting at age 70 ½ to age 72. So far so good,...
by SDP Team | Jan 7, 2020 | Tax
Secure or Not? written by Conrad Slate Do you remember when “we have to read it to see what is in it”? Well, we have a brand new law that will make a difference to almost every American who has a retirement account of almost any kind. The SECURE Act passed Congress...
by SDP Team | Dec 6, 2019 | Tax
What if You Get Audited? What the I.R.S. looks for and why. “Audit” is a word that can strike fear into the hearts of taxpayers. However, the chances of an Internal Revenue Service audit aren’t that high. In 2017, the most recent statistics available, show the I.R.S....
