Category: Tax Planning

KF UPdate – Taxes, IRAs, & Market Thoughts

4 Minute Read Good afternoon and Happy Spring!  A beautiful few days in the forecast in upstate New York, golf courses are starting to open, and Syracuse came out with a great performance and win in the opening round of the NCAA tournament!  Things are… Continue Reading “KF UPdate – Taxes, IRAs, & Market Thoughts”

KF Update – Charitable Giving

4 Minute Read Strategies around charitable giving have evolved since the updates in the most recent tax law, specifically changes around the standard deduction. Far fewer people have the ability to itemize and take a tax deduction for their charitable gifts. That said, there… Continue Reading “KF Update – Charitable Giving”

KF Update – Year End Planning

4 Minute Read Good morning, I hope this email finds you and your families well, and you had a wonderful Thanksgiving. With the dust mostly settled around the election (except for an incredibly close local house seat), I thought we could shift focus to some… Continue Reading “KF Update – Year End Planning”

Paycheck Tax Overhaul

Filing out your W-4 could get much more difficult starting as soon as 2020.  Your W-4 is the form you complete to indicate how much to have withheld from your paycheck for taxes.  Currently, you simply indicate 0, 1, or 2 where ‘0’ is the… Continue Reading “Paycheck Tax Overhaul”

IRA Contributions

Weekly Update – IRA Contributions It’s not too late to make a contribution to an Individual Retirement Account (IRA) for the 2018 tax year as the deadline is April 15th, 2019.  An individual can contribute up to $5,500 if under the age of 50, and $6,500… Continue Reading “IRA Contributions”