2020 Year End Newsletter

Our 2020 year end newsletter is here! Below are a few of the great articles from our year end newsletter. We hope you enjoy the great tax, tips and news!

Social Security Benefits are increasing for 2021. Americans who collect Social Security will receive a 1.3% increase in their monthly payouts in 2021. The extra benefits kick in on Jan. 1. To learn more click here

Spend A Little Time Each Week To Prepare For The April 15, 2021 Filing Deadline. Most of the needed tax records to prepare your tax return will show up in the mail or online in January 2021. To read more click here

Many taxpayers are working longer and will no longer be required to withdraw assets from IRAs and 401(k)s at age 70½. RMDs now begin at age 72 for individuals who turn 70½ in the calendar year 2020. Click here to read more about RMD’s.

If you would like a complete copy of our 2020 year end newsletter or should you have any questions or concerns regarding your tax situation please feel free to contact us.

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