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Top Year-End Investment Tips
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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. Tax season can be a period of new possibilities – especially when it … Read more

Protect Yourself and Your Parents from Tax Fraud
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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

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

Tax Event Header
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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
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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
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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

Ten Tax Tips
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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

Tax tips before filing
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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
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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

Charitable Giving
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Charitable Giving

Any time you convert a traditional retirement savings account into a Roth, you will owe taxes on any pre-taxed amounts converted. Depending on the amount … Read more

Year End Planning Roth Conversions
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Year End Planning: Roth Conversions

What exactly is a Roth conversion? A Roth conversion occurs when you take savings from a Traditional IRA or employer-sponsored retirement plan — such as … Read more