Category: Tax Planning

SECURE Act 2.0: An Overview

Written by Erik Buatte on January 3, 2023. Posted in blog, Charitable Planning, Education Planning, Estate Planning, Investment Planning, News, Philanthropic Planning, Retirement Planning, Tax Planning.

“Change is the only constant in life.” This phrase – attributed to Greek philosopher Heraclitus – is particularly relevant when it comes the recent changes to retirement savings in the...

Federal Income Tax Deadline Extended for Tax Year 2020

Written by Jeff Jones on March 18, 2021. Posted in blog, Tax Planning.

On Wednesday, March 17th, the Treasury Department and Internal Revenue Service (IRS) announced in a news release (IR-2021-59) that they were extending the filing due date for individuals for the 2020...

I’m Selling My Home. Will I Pay Taxes on the Gain?

Written by Jeff Jones on January 11, 2021. Posted in blog, Tax Planning.

Note: This article was published on January 11th, 2021 and based on tax law at the time. Tax laws are subject to change. As financial planners, we often have clients wanting to sell their home....

CARES Act – What May Affect You

Written by Jeff Jones on April 3, 2020. Posted in blog, News, Retirement Planning, Tax Planning.

The COVID-19 (COVID-19) pandemic has left its mark on global and domestic markets. Government guidelines to practice “social distancing” has significantly impacted commerce as consumers are staying...

SECURE Act Brings Potential Changes to Your Planning

Written by Andrew Gipner on January 8, 2020. Posted in blog, News, Philanthropic Planning, Retirement Planning, Tax Planning.

Over the summer of 2019, the House of Representatives passed the bipartisan Setting Every Community Up for Retirement Enhancement (SECURE) Act. On December 19, 2019, the Senate passed the bill, and...

Tax Cut and Jobs Act of 2017 Overview

Written by Jeff Jones on December 21, 2017. Posted in blog, Tax Planning.

We previously shared with you details from the U.S. House of Representatives’ Tax Cut and Jobs Act and the U.S. Senate’s Joint Committee on Taxation’ version under the same bill name, Tax Cut and Jobs...

Alabama Tax Credit Could Lead to Even Greater Savings For Those With Alternative Minimum Tax (AMT)

Written by Jessica Smith on April 24, 2015. Posted in blog, Tax Planning.

An AL.com contributor called the Alabama Accountability Tax Act of 2013 the “most radical education reform in decades”. Similar legislation had only been passed in 16 other states at the time...