Category: Weekly Update

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…

Tax Refunds Down 17%

Weekly Update – Tax Refunds Decrease The IRS is reporting that the average 2018 tax refund is down 17% from last year in wake of the new tax law.  Why are refunds lower, and what can we do to better prepare in 2019? The Why: The…