by zellusadmin | Aug 8, 2019 | Taxation
Tax Cuts and Jobs Act of 2017: What Taxpayers Need to Know On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 (the act or TCJA). The legislation makes significant changes to the Internal Revenue Code (IRC), including individual, corporate,...
by hannah | Apr 7, 2019 | Taxation
When it comes to your money, it’s not what you earn, it’s what you keep. Here are some ideas that may help lessen your income tax burden, so you can keep more of your investment earnings. Invest for the long term Generally, income isn’t taxed until it is received, so...
by hannah | Nov 7, 2017 | Taxation
The primary purpose of life insurance is to provide financial security for families and businesses. But did you know that it also offers a number of tax advantages? An income tax-free death benefit Generally, your beneficiaries won’t have to pay income tax on...
by hannah | Jul 7, 2016 | Taxation
If you’re not thinking about your taxes yet, you should be—identity thieves certainly are. During tax season, there’s a significant increase in the sharing of sensitive information, both online and via postal mail. Not surprisingly, it’s also when many crooks and...
by hannah | Mar 7, 2016 | Taxation
In late 2015, the Consolidated Appropriations Act of 2016 made qualified charitable distributions (QCDs) permanent for IRAs. The QCD provision permits anyone age 70½ to make tax-free distributions directly from an IRA to a qualified charity (a church, school or...
