With a federal tax code that is over 2,500 pages, no wonder tax strategies can be overwhelming.
Although a year away, your 2021 tax planning should have already started.
We are nearing the end of a challenging year for families and individuals across the United States and globe. Together we have experienced a widespread pandemic, civil unrest, a challenging economic environment, a divisive political arena, but despite all these perceivably negative aspects of the year, we see the hope 2021 brings.
A well thought out estate plan can take some of the uncertainty out of what the future will hold
Remember back in late May when the Commerce Department reported that our U.S. economy shrank at an even faster pace than previously estimated in the first quarter of 2020 and consensus expectations suggested that the second quarter of 2020 would be far worse? Well, it happened.
In this unprecedented time, we recommend a few ideas to take care of ourselves mentally and physically.