SECURE Act is part of the spending bill – What you need to know

On Friday, December 20, 2019 the President signed the SECURE Act (Setting Every Community Up for Retirement Enhancement) and it becomes effective on January 1, 2020. These rule changes may significantly impact the distribution of your retirement assets and the amount of income tax paid. As a result, estate plans and beneficiary designations may need to be modified to avoid unwanted consequences and to take advantage of new planning opportunities.

Flexible Work Environments

A common theme appearing throughout the workforce is a flexible work environment also known as working remotely. This work style occurs outside of a traditional office environment such as an in-home office. By the end of the year, SDK will have three full-time remote employees and I have been given the opportunity to be one of them!

As I was pondering the decision to be a remote employee, I considered how this decision would affect my lifestyle and work style. There are multiple considerations one should think about when making a decision to work remotely.

2019 Year-end Tax Planning Ideas to Consider Now

With 2019 winding down, it’s time for one more look to see whether there are worthwhile tax saving opportunities that you can still take advantage of before the calendar shuts the door.