The long-running debate on whether a backdoor Roth is legal is over. While the Backdoor Roth IRA strategy has been employed by high-income individuals since 2010, its legality was questioned by some because of the IRS step doctrine. With the … Read More
The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. New rules will affect income taxes, deductions, college savings, and more. Here’s a look at some of the more important elements of the new law that have … Read More
Protecting your identity and financial information is difficult enough. Now we have learned that Equifax, a major credit reporting agency, has been breached. According to the agency 143 million records were exposed. So what can you do? Here are some … Read More
by Guest Columnist, Jackie Waters If you are the parent of a special needs child, you already know how important it is to prepare for the future. A number of issues can come forward during both childhood and adulthood. Your job … Read More
On October 27, 2016, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2017. Here are the highlights.