Tax Planning

Retirement Planning

Tax-Free Distributions from HSAs

A Health Savings Account (HSA) is a tax-advantaged medical savings account available to individuals who are enrolled in high-deductible health plans. Learn about these tax-free HSA distributions.

Posted By Alyssa Dalbey
November 7, 2018

Tax Planning

Tax Cuts and Jobs Act: What it Means for Businesses

The Tax Cuts and Jobs Act that was passed in December 2017 features the most changes to the U.S. tax code in decades and it will impact nearly every individual and business. For businesses, tax benefits include a reduction in the corporate tax rate, increase in the bonus depreciation allowance, enhancement to the Code Sec. 179 expense, and repeal of the alternative minimum tax.

Posted By Alyssa Dalbey
April 13, 2018

Tax Planning

Education Tax Credits & Opportunities

This blog post focuses on tax credits and tax break opportunities that may help you pay educational expenses while maximizing your tax savings.

Posted By Alyssa Dalbey
April 13, 2018

Tax Planning

Tax Cuts and Jobs Act: an Overview

The Tax Cuts and Jobs Act was approved by Congress and signed by President Trump in late December 2017. The Tax Cuts and Jobs Act features the most changes to the U.S. tax code in decades and it will impact nearly every individual and business. The SFG Financial Planning team is researching how these changes will impact our clients. Most of the provisions discussed in this article are active for tax years 2018 through 2025. Below is our summary of the how Tax Cuts and Jobs Act will affect individuals.

Posted By Alyssa Dalbey
January 8, 2018