Blog
Category: Tax Planning
What Is Federal Income Tax?
There are numerous types of taxes that most working people end up having to pay. These taxes can be levied by the government at all … Read more
2020 Tax Season: Important Information and Dates
As we prepare for tax season, we want to keep you apprised of when you can expect to receive your tax documentation from Raymond James. … Read more
IRS released IRS Notice 2020-51 which extended the deadline to August 31, 2020 to return any unwanted 2020 RMDs.
Unprecedented Relief! ALL unwanted RMDs taken in 2020 can now be returned – rolled over – back to an IRA or company plan. By “ALL” … Read more
Opportunity Blooms in Tax Season
Whether you get a refund or end up owing, you have options. Romosozumab (sclerostin monoclonal antibody) versus teriparatide in postmenopausal women with osteoporosis transitioning from … Read more
Protect Yourself and Your Parents from Tax Fraud
Keep an eye out for warning signs and reduce your vulnerability with a few simple tips. A disturbing trend may be endangering the financial security … Read more
Prep Now, Fret Less
Don’t procrastinate when it comes to prepping for tax season. The tax code can be a labyrinth to navigate. Nevertheless, taking action now – while you, … Read more
EVENT HAS PASSED: All you Need to Know about the New Tax Reform
Complimentary Workshop! Join Sweet Financial Services for a Tax Planning Workshop on Wednesday, October 24th at the Holiday Inn, Fairmont, featuring guest speaker Christopher P. Hennessey. Mr. … Read more
Why Skipping a Generation Can Be a Good Thing
Generation-skipping transfer trusts allow you to pass down your wealth in a tax-efficient way. The new tax law, passed in late December, temporarily raised the … Read more
The Art of Giving
Thinking about donating your beloved collection of cars, art, antiques or jewelry? Keep these considerations in mind. When it comes to giving generously, cash doesn’t … Read more
Top 10 Tax Changes For Business Owners
What owners of small and medium-size businesses need to know. On Dec. 22, the Tax Cuts and Jobs Act (TCJA) was signed into law. This … Read more
Double-Check Before Filing Your IRS Return
It may seem like common sense, but going back over the information you enter may be the most important part of your tax filing duties. … Read more
Tick, Tock… It’s time for your Required Minimum Distribution
The December 31st deadline is approaching fast… don’t forget to take your Required Minimum Distribution! What are required minimum distributions (RMDs)? Required minimum distributions, often … Read more