Archives for March 2021
IRS Provides Details on April 15 Postponement
By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® On Monday, March 29, the IRS issued additional guidance and details on its announcement to postpone the April 15 tax filing deadline for 2020 individual tax returns. Below are the highlights from this announcement: The tax filing deadline for 2020 individual income tax returns was extended to […]
Social Security Benefits for Spouses, Children and Survivors
By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® Choosing when to apply for Social Security benefits is an important decision and can greatly impact a person’s ability to meet their retirement goals. The decision becomes more complex if a person is or was married or has children eligible to receive benefits. It’s possible those individuals […]
The American Rescue Plan Act of 2021
By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® On March 11, President Biden signed the American Rescue Plan Act into law, his first major piece of legislation as president. There are a large number of provisions in this law. Below are the key provisions most likely to impact you: 2021 Recovery Rebates As with past […]
Top Ten NON-Tax Estate Planning Tips
By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® Historically, planning to avoid paying estate tax when you pass away was a top-priority discussion for many families. However, estate taxes currently apply only if you have an estate worth more than $11.7 million (and twice that if you are married). Obviously, that means most people […]
