Archive for December 2017
Retirement Contributions Limits Announced for 2018
Cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for the tax year 2018 have been announced by the IRS. Here are the highlights: In…
Read MoreThe Tax Cuts & Jobs Act is Passed – How Will These Changes Affect You?
In our last article, The Congressional Tax Plans & 2017 Year End Individual Planning Considerations, we laid out some considerations that all taxpayers should look at, in view of the…
Read MoreTax Advantages of Health Savings Accounts
While similar to FSAs (Flexible Savings Arrangements) in that both allow pre-tax contributions, Health Savings Accounts, or HSAs, offer taxpayers several additional tax benefits such as contributions that roll over…
Read MoreFlexible Spending Accounts (FSAs)
Flexible Spending Accounts or FSAs provide employees a way to use tax-free dollars to pay medical expenses not covered by health insurance plans. Because eligible employees need to decide how…
Read MoreThe Congressional Tax Plans & 2017 Year End Individual Planning Considerations
“To Accelerate or Not to Accelerate, That is the Question.” In recent weeks, the headlines have been dominated by articles discussing what the potential new tax plan may look like…
Read More