by SDP Team | Jan 8, 2018 | Tax
Could the new fiduciary rule effectively enhance portfolio performance for retirement savers? A change is coming. The Department of Labor is introducing a new rule regarding retirement accounts – a rule that is profoundly impacting the financial services industry. The...
by SDP Team | Jan 8, 2018 | Tax
Some of the impact of the Tax Cuts & Jobs Act will be felt later than January 1. President Donald Trump signed the Tax Cuts & Jobs Act into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly change.1 There will be...
by SDP Team | Aug 4, 2017 | Tax
Retirees can follow these simple guidelines to help manage their tax situations. Everyone can benefit by minimizing their tax liability, but retirees in particular have to pay close attention to their tax bills. When you’re on a fixed income, you can’t...
by SDP Team | Apr 14, 2017 | Tax
A big tax bill is like hay fever. You don’t want it, you try to avoid it — and then April rolls around and it hits you hard. Now you have to figure out how to take care of it. Taxes have to be paid, and putting them on your credit card might seem a good option. Maybe...
by SDP Team | Apr 14, 2017 | Tax
At tax time, it’s easy to remember your wages, since you receive a Form W-2. It’s also easy to remember income reported on Forms 1099. You probably get many Forms 1099, so don’t lose them. But what isn’t so clear is if you get income without...
by SDP Team | Mar 21, 2017 | Tax
Seemingly everyone has heard of an IRA, but few people know about IRA trusts. Perhaps more people should, for an IRA trust may provide a way to “stretch” IRA assets for decades to benefit multiple generations. An IRA trust is simply a revocable living trust...
