By Kenneth H. Bridges, CPA, PFS March 2011
Many of our clients are quite philanthropic. Fortunately, the tax law greatly rewards philanthropy. Here is a brief synopsis of the general rules and suggested strategies.
Cash donations – The most common …
By Kenneth H. Bridges, CPA, PFS March 2010
You can begin to claim social security benefits at any age between 62 and 70. The longer you defer, the larger the monthly benefit. Accordingly, clients sometimes ask us when they should …
By Kenneth H. Bridges, CPA, PFS January 2010
Prior to 2010, the ability to convert a traditional IRA to a Roth IRA was limited to those with income below $100,000. Effective January 1, 2010, taxpayers can convert their traditional IRAs …