Posts by Kirk Hackbarth
Tax Updates for 2023
2022 has been an incredibly complicated year, to put it mildly. Between the ongoing effects of the COVID pandemic, a global energy crisis, rising interest rates, 40-year high inflation, and a slowdown in economic activity, uncertainty appears to be everywhere. Throw in changing tax laws to top things off and it’s hard to know what…
Read MoreHow to Reduce your Taxes by Using a Qualified Charitable Distribution
Are you getting the tax deduction you deserve for your charitable giving? If you are over 70 1/2, there may be a better way to give. The Tax Cuts and Jobs Act of 2017 made several significant changes to the individual income tax, including doubling the standard deduction. As a result, an estimated 90% of…
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