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Beware the Five-Year Rule for Roth IRA Withdrawals
What makes Roth IRAs so appealing? Primarily, it’s the ability to withdraw money from them tax-free. But to enjoy this benefit, you must follow a few rules, including the widely misunderstood five-year rule. 3 Types of Withdrawals To understand the five-year rule, you first need to understand the three types of funds that may be
Written on October 1, 2022 at 7:04 am
Categories: Blog
2022/2023 Tax Planning Guide Now Available
Do your tax strategies need a refresh? With some tax law changes already signed into law in 2022 and more changes potentially on the horizon, you probably have questions about tax planning this year. To save the most on your 2022 taxes, you need to plan carefully and take advantage of all deductions, credits and
Written on September 22, 2022 at 2:29 pm
Categories: Blog
A Cost Segregation Study is One Way to Boost Cash Flow
If your business is planning to buy, build or substantially improve real property, a cost segregation study can help you accelerate depreciation deductions, reducing your taxes and boosting your cash flow. Even if you’ve invested in real property in previous years, you may have an opportunity to do a lookback study and catch up on
Written on August 31, 2022 at 1:33 pm
Categories: Blog
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