(865) 357-7370 kim@sdp-planning.com
What Should You Keep?

What Should You Keep?

Even with less itemizing, there are still tax documents you want to retain for years to come. Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need to hold onto...
Here’s how the new federal tax law may impact you

Here’s how the new federal tax law may impact you

Whether you are a business owner or just filing personal income taxes, be aware of the changes brought about by the Tax Cuts and Jobs Act. Gone are the days of doing multiple Roth conversions in a single year. For those charitably inclined, it might make sense now to...

When to Take Your RMD (Required Minimum Distribution)

A common question we get every year is, “When should I take my RMD?”  Those of you who will be 70 ½ this year will need to take your first “RMD”.  You may have been taking distributions before now, but the requirement now is a percentage (based on your age) as a...