Archive: January 2017


Are Annuities Well Advised Inside Retirement Accounts?

Similar to retirement accounts like IRAs and 401(k)s, Congress provides tax preference to deferred annuities to encourage their use. This tax treatment is simply a benefit that is otherwise granted to the owner of an annuity. With similarities in tax treatment between retirement accounts and annuities, there’s a long-standing rule of thumb for coordinating  the two: “Never purchase an annuity inside […]

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Learn more about the Earned Income Tax Credit

Have you ever heard the term Earned Income Tax Credit and wondered what it was? This is a benefit for working people with low to moderate income. There are certain requirements that need to be met in order to qualify for this credit. Most importantly you must file a tax return, even if you don’t owe any tax […]

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Tax Season Reminders

With tax season upon us, we wanted to share a few reminders that will hopefully be of great help to you! The IRS will begin accepting Business return on January 6. The IRS will begin accepting Individual returns electronically on January 23. The due date for Individual tax returns is April 18. There is a […]

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