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Month: July 2019

Effective Tax Planning Starts Now

With summertime activities in full swing, tax planning is probably not on the top of your to-do list. But putting it off can create problems at the end of the year when there’s little time for changes to take effect. If you take the time to plan now, you’ll have six months for your actionsRead more about Effective Tax Planning Starts Now[…]

relanetAdmin July 1, 2019 Posted in News No comments

2020 Health Savings Account Limits

A Health Savings Account (HSA) is a tax-advantaged savings account whose funds can be used to pay qualified health care costs for you, your spouse and your dependents. The account is a great way to pay for qualified health care costs with pre-tax dollars. In fact any investment gains on your funds are also tax-freeRead more about 2020 Health Savings Account Limits[…]

relanetAdmin July 1, 2019 Posted in News No comments

Three Ideas for Charitable Deductions

The Tax Cuts and Jobs Act of 2017 (TJCA) made significant changes to how most people calculate their taxes, including a doubling of the standard deduction. One of the results of these changes is that a lot of people are under the impression that there are no longer any tax benefits given for charitable contributions.Read more about Three Ideas for Charitable Deductions[…]

relanetAdmin July 1, 2019 Posted in News No comments

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