Qualified Charitable Distribution Strategies

qualified charitable distributions

It’s time to take a fresh look at Qualified Charitable Distributions after the Tax Cuts and Jobs Act Many taxpayers, especially retirees with little or no mortgage interest, will no longer itemize their deductions due to the new tax law. Taxpayers will see a nearly doubling of the standard deduction (to $24,000 for married filing…

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Video Overview on the Tax Cuts and Jobs Act for Individuals

Terry Cicero webinar TCJA

Webinar recording on The Tax Cuts and Jobs Act and its Impact on Individuals (February 28, 2018) The new tax law is now in effect for 2018. How does the new law impact individuals? Terry Cicero gives an overview in an easy-to-digest webinar. DHJJ’s Terry Cicero leads the webinar and goes over the major changes…

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Capture Tax Savings By Paying Certain Deductions Before Year End

Tax Reform

This article is from December 2017 and the strategies no longer apply. If you are ready to plan new strategies, please contact DHJJ Financial Advisors. Three Tax Savings Opportunities Before Tax Reform There is an opportunity for many taxpayers to accelerate some deductions into 2017 to reap significant tax savings. The Tax Reform bill now…

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10 Roth IRA Conversion Questions and Answers

Converting traditional IRA (Individual Retirement Account) funds to a Roth IRA can be a powerful tax savings opportunity. Here are some frequently asked questions on the topic: 1. What is the main difference between traditional IRA and Roth IRA?  A traditional IRA provides tax-deferred growth. A Roth IRA offers tax-free growth. 2. What’s the tax…

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