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  • About
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IRS

If You Don’t Want an IRA Distribution, You Can Donate It to Charity
Elder Law | Estate Planning | IRS

If You Don’t Want an IRA Distribution, You Can Donate It to Charity

Not everyone needs their required minimum distributions from their retirement accounts to make ends meet. If you don’t need your distribution, one option is to donate it to charity and not pay taxes on it. 

Read More If You Don’t Want an IRA Distribution, You Can Donate It to CharityContinue

SECURE Act Changes to Retirement Plans
IRS | Estate Planning

SECURE Act Changes to Retirement Plans

A spending bill signed into law by the President contains major changes to retirement plans. The bipartisan legislation is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. 

Read More SECURE Act Changes to Retirement PlansContinue

IRS Announces That Face Masks and Related Purchases Are Tax Deductible
IRS

IRS Announces That Face Masks and Related Purchases Are Tax Deductible

The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus. 

Read More IRS Announces That Face Masks and Related Purchases Are Tax DeductibleContinue

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