704-593-9695 david@davidrayecpa.com


Tax Season Update

I hope you and your families are doing well and staying safe & healthy! Just wanted to provide an update on our tax season operations given the extraordinary developments related to the coronavirus epidemic. We are working as we normally would. I am in the...

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Roth Conversions

Roth Conversions As more and more baby boomers continue to reach retirement age, many are looking at the benefits of converting traditional IRA accounts to Roth IRAs.  The way a Roth conversion works is that tax would be due on the converted amount since it was...

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Stretch IRA strategy curtailed under new law

Stretch IRA strategy curtailed under new law Last month, in the midst of all the impeachment proceedings, Congress quietly passed legislation that would make significant changes to the tax laws governing retirement plans. The most significant provision would require...

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Turning Investments into Tax Deductions

As the end of the year approaches, you may be looking for ways to lower 2019 taxes.  With the stock market near record highs, you may also be sitting on significant unrealized capital gains.  This may be the perfect time to turn your investments into tax deductions....

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When should I start taking Social Security?

When to begin receiving your Social Security benefits is one of the most important decisions you will make in retirement. Many factors such as your health, financial position and desire to continue working will come into play when making this decision. The amount of...

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