Tag IRS

Investing/Financial Planning, Retirement Planning, Tax Related

As expected (but were starting to worry) IRS FINALLY Punts on a hurried rule (Part of Secure Act 2.0) by pushing it out to 2026… Whew – Income Related Roth Mandate for Retirement Catchup is Pushed out…. Too Sketchy to Implement …

Income Related Roth Mandate Pushed to 2026

John Kvale CFA, CFP
August 28, 2023

Audio, FOMC, General Financial Planning, Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Retirement Planning, Video

February 2023 – Financial Planning and Capital Market Review – Tax Preparation(s) and Reminders – ODTE’S (What?) – Advanced Analysis Series – When Good Economic News is Bad – By John Kvale CFA, CFP

February 2023 Personal Tax Return Advanced Analysis Good News Bad

John Kvale CFA, CFP
March 1, 2023

Investing/Financial Planning, Tax Related

IRS Pointers to filing 2022 Return… A Few Good Reminders !

IRS Basic Tips for Filing Return

John Kvale CFA, CFP
February 13, 2023

General Financial Planning, Investing/Financial Planning, Reminder, Retirement Planning, Tax Related

RMD’s not taken can be taxed at 50% … Nope not kidding … Yikes … More IRS agents hired … And if missed you have to file special tax forms … Yikes X 2 … Many Financial Institutions are Mandating a December 1 Completion … Take them Now Before the Rush!

Complete your RMD today if you have not!

John Kvale CFA, CFP
November 14, 2022

General Financial Planning, Investing/Financial Planning, Retirement Planning, Tax Related

New 2023 Contribution Limits, 401k, IRA, Roth, SEP

2023 Retirement Limits

Investing/Financial Planning, John Kvale, Personal, Tax Related

IRS Tax Return Backlog Update… Interesting Productive Technology for Home Internet Repair … Brrrr a Cold Friday Here in the South …

IRS Backlog Update

John Kvale CFA, CFP
February 25, 2022

General Financial Planning, Investing/Financial Planning, Retirement Planning, Tax Related

401k Plans Year 2022 Limits ($20,500 + $6,500 Catch Up), IRA Stay Same ($6,000 + $1,000 Catch Up) … Hmmm?

Great News for corporate and similar retirement plans as we get a 5% (actually 5.13%) bump in contribution limits…yay Not sure what happened to the cost of living adjustments (COLA) for regular IRA’s, Roth’s and our catch up provisions as…

John Kvale CFA, CFP
November 15, 2021

Audio, Clients/Clients Only, General Financial Planning, Investing/Financial Planning, Market Comments, Monthly Review, Retirement Planning, Tax Related, Video

August 2021 Financial Planning and Capital Market Review – By John Kvale

July Review, Social COLA, Market Valuations and Investor Expectations

John Kvale CFA, CFP
September 1, 2021

Audio, Clients/Clients Only, General Financial Planning, Investing/Financial Planning, Market Comments, Monthly Review, Retirement Planning, Social Security, Tax Related, Video

July (YIKES GOING FAST) 2021 Financial Planning and Capital Market Review – By John Kvale

July Review, Social COLA, Market Valuations and Investor Expectations

John Kvale CFA, CFP
August 2, 2021

General Financial Planning, Investing/Financial Planning, Tax Related

BREAK IN- DELAYED IRS REFUNDS (35 million to be exact) … Branson Makes History … Survey Results Preview … Trials of Server Cut Over … British Open Friday …

Due a Refund, May be Delayed

John Kvale CFA, CFP
July 16, 2021