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Blog Month: November 2020

11/30/2020 | ,

Got an FSA? Get Timely Reimbursement of Qualifying Medical and Dependent Care Expenses

If offered by your employer, flexible spending arrangements (FSAs) provide an easy way to lower your taxable wages.  As the end of 2020 nears, here are some rules and reminders
11/24/2020 |

Traditional IRA Distributions: What You Need to Know

Planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA or SIMPLE-IRA).  In addition, it’s even more critical that you plan for
11/13/2020 |

Tax considerations for divorcing spouses

When spouses are going through a divorce, tax implications may be the least important issue on their minds. But for a fair settlement and most favorable tax impact, people should
Closed Sign on a Business
11/04/2020 | , , ,

Business closing or shut down due to COVID pandemic? A few things to do before you leave town

Unfortunately, the COVID-19 pandemic has forced many businesses to shut down permanently. Legally closing your business can require several steps to wrap up the company’s financial affairs and notify the