by lindapowell | Mar 31, 2021 | Articles, In The News
What to know about your IRA, HSA, and more Previously, the Internal Revenue Service (IRS) announced that the federal income tax filing due date for individuals for the 2020 tax year had been automatically extended from April 15, 2021, to May 17, 2021.1 More time for...
by lindapowell | Mar 10, 2021 | Articles, In The News
Do you know what has changed for IRA beneficiaries? New inherited IRA rules took effect on January 1, 2020. The Setting Every Community Up for Retirement Enhancement (SECURE) Act became law on that day, altering the regulations on inherited Individual Retirement...
by lindapowell | Feb 12, 2021 | Articles, In The News
Are you considering refinancing your mortgage? Perhaps you want to shorten the term of your home loan. Maybe you have an adjustable-rate mortgage now and want to refi into a fixed rate. Or maybe you want to tap into home equity or consolidate debt. Whatever your...
by lindapowell | Jan 21, 2021 | Articles, In The News
Explaining the many types of 1099 forms and their uses What is a 1099 form? This is a record of payment from an individual or entity, showing a payment, generated for your records. The individual/entity sends a copy to both the payee as well as the I.R.S.1 Who...
by lindapowell | Jan 6, 2021 | Articles, In The News
What the latest round of funding may mean for you After a bit of political posturing in December, the $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was signed into law by President Trump as the COVID-19 pandemic continues to impact employers and...
by lindapowell | Dec 8, 2020 | Articles, In The News, Uncategorized
Numbers to know for the new year On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note. 401(k)s. The salary...
