by SDP Team | Sep 4, 2018 | Tax
The Trump administration has suggested a major change to capital gains taxes. We already know that a second wave of tax cuts, informally known as Tax Reform 2.0, is in the works. The framework that was recently released didn’t mention capital gains taxes. The...
by SDP Team | Jul 31, 2018 | Tax
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...
by SDP Team | May 23, 2018 | Tax
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...
by SDP Team | May 21, 2018 | Tax
According to the Internal Revenue Service, more than 33 million Americans waited until the last two weeks of tax season to file their 2017 tax returns.That means that for many Americans, the days leading up to Tax Day required a mad dash to get organized and get their...
by SDP Team | Mar 27, 2018 | Tax
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...
by SDP Team | Mar 1, 2018 | Tax
Just when you thought you’d read about all of the tax scams: The Internal Revenue Service (IRS) is warning taxpayers about a new – and growing – scam involving erroneous tax refunds being deposited into real taxpayer bank accounts. Then the crooks...
