In the midst of the developing coverage of the coronavirus, individuals should not lose sight of significant planning opportunities -- some of which are tied to recent market volatility. Included within are some strategies that we are evaluating with our clients.
By Stephanie Stumpf
The CARES Act will make 2020 an interesting year for tax and cash flow planning. Stephanie Stumpf takes us through the main provisions that will be available to individuals and some initial strategies for consideration.
In some welcome relief, the IRS recently announced that the tax filing and payment deadline would be extended to July 15th. But what about the deadline for your IRA contributions and upcoming estimated tax payments? Here's what we know so far:
SBK Planning Series: By Claire Craighill
The use of trusts to direct the disposition of assets has been around for centuries. The law of trusts first developed in the 12th century, at the time of the Crusades and under the jurisdiction of the King of England. The notion of articulating your wishes...
By Nicole Boike
On December 20th, President Trump signed into law the SECURE Act as part of the government’s year-end spending bill. Effective for 2020, the bill significantly changes the rules and administration of retirement accounts...
SBK team members take a break from financial planning and tax planning to spend the afternoon at Shalom Farms!
Shalom Farms provides thousands in Richmond with access to healthy food and healthy lives.
Reflections at Year-End, Decade Closes with 2019: By Dean Williams
1. Important Deadlines and Reminders
2. Income Threshold Planning
3. Charitable Giving: Maximize Your Benefit
4. 2020 Potential Proposals
SBK Planning Series: By Tom Doyle
Family meetings have become a critical element to the success of families wanting to preserve their traditions, values and perpetuate a lasting legacy. Productive, structured meetings are sometimes thought to be financial only in nature...
SBK Planning Series: By Dean Williams
Keeping track of itemized deductions is a routine habit for taxpayers. But for the first time in over thirty years, itemized deductions were significantly revamped starting...
Navigating the New Tax Environment at Year-End: By Dean Williams
1. Year-End Planning for Individuals
2. Charitable Giving Strategies
3. Retirement Planning: New Developments
4. Estate Planning: Revisiting Your Plan