On January 1, 2020 the latest revision of the Secure Act was passed at the federal level. There were many changes in this Act but there is only one that really matters and it should cause all of us to re-evaluate our retirement strategy.
If you’re unsure if your financial advisor is a best fit for your needs ask him or her the questions below. Follow our guide to what their answers should be and if the responses are not lining up or you’re unsure of their responses feel free to sit down with an investment professional at Kroon & Mitchell for a free review.
We just finished filing taxes under the largest reform in 30 years! As we reflect back on this filing we’ve compiled a list of key takeaways for family business owners. The biggest changes are: the increase of standard deductions, changes to the income tax brackets and the addition of a new qualified business income deduction.
One of the key things we do is educate our clients on the different savings and investment tools available. One of the critical points of confusion we try to dispel are the strengths and weaknesses between Traditional and Roth IRAs. We often see clients who are entirely sold on one over the other even though the best retirement plans usually involve a mix of the two at different times in the income and savings cycle. Timing and planning are both critical aspects for determining when to use each vehicle.
According to the CFA Institute, a global organization of investment professionals, you as an investor have certain rights - 10 to be exact.
Here’s an inside look on the first investor right as established by the institute…
The tax reform of 2018 affects Realty professionals in three ways: the impact to your realty business, the impact on your future real estate prospects and the impact on the future purchasing power of your clients. Read more here.
Hello! I’m Nick Farr and I’m thrilled to join the Kroon & Mitchell team. It’s been a great first month getting to know our firm’s clients, processes and culture. I wanted to take this opportunity to introduce myself on our blog and share a little bit about my background and what I hope to bring to the firm.
The Tax Cuts and Jobs Act, went into effect at the start of 2018, and while you may be aware of many significant changes, have you thought about its impact to your charitable giving schedule?
Kroon and Mitchell dive into charitable giving in light of the new regulations, providing you, your friends, and family members with a way to continue your charitable contributions well into 2018 and beyond.