Category: Personal Financial Planning

Avoiding Penalties – Special 401(k) Early Distribution Provision

We’ve all thought about what our retirement will look like, and, maybe how exactly we can retire earlier than expected to experience more of what life has…

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Thinking of Buying an Electric Vehicle in 2023?

The Inflation Reduction Act brought some significant changes to the rules for the electric vehicles (EV) tax credit. The federal electric car tax credit is an incentive…

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Tax Topics to Consider When Selling Your Home

Selling a home is a big decision. You leave a community you’ve grown to know and love, uproot yourself and your family, and head towards new horizons.…

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Families First Coronavirus Response Act: Employer Paid Leave Requirements

The Families First Coronavirus Response Act (FFCRA or the Act) requires certain employers to provide employees with paid sick leave or expanded family and medical leave for…

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Recovery Rebates for Individuals, aka “Stimulus” Payments

As a result of the CARES act, eligible taxpayers will receive an Economic Impact Payment (aka “stimulus” payment). The payment is an advance of a newly created…

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