Category: Financial Planning

Roth Conversion in 2021?

In 2020, a year when all income brackets benefited from lower tax rates, the stock market took a nosedive at the beginning of the pandemic. For investors sharp enough to see the opportunity, this was an ideal time to convert a traditional IRA into a Roth IRA. When you conduct a Roth conversion, the assets … Continue reading “Roth Conversion in 2021?”

How To Use Qualified Charitable Distributions For Charitable Giving

Each year, millions of Americans make donations to charitable organizations and receive something in return – a tax break. However, the 2017 Tax Cuts and Jobs Act curbed this tax advantage because it reduced the number of people eligible to claim a charitable deduction by raising the standard deduction. For 2020, the standard deduction is … Continue reading “How To Use Qualified Charitable Distributions For Charitable Giving”

 
 
 
 

 

 
 
 

HOLMES & SWAFFORD CPAs

MURFREESBORO

820 N. Thompson Lane
Suite 1E
Murfreesboro, TN 37129

615-295-2782 Murfreesboro

Email: tim@holmesswafford.com

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Mount Juliet, TN 37122

615-758-5055 Mount Juliet

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