by the Storen Team | Dec 10, 2019 | Businesses, Resources for Businesses, Retirement
In your business you wear many hats and managing your company’s retirement plan can be stressful and time consuming. However, as a fiduciary it is your responsibility to make sure the plan has the right mix of investments as well as ensuring the participants...
by the Storen Team | Dec 10, 2019 | Businesses, Resources for Businesses, Taxes
Common this time of year you will many want to reward your employees with a holiday bonus. This will recap how to remain compliant with the IRS and still be able to bring holiday cheer to your hard working employees. All cash bonuses are considered compensation, so...
by the Storen Team | Dec 5, 2019 | Businesses, QuickBooks, Resources for Businesses
Article from QuickBooks As the end of the year approaches, you will need to complete certain tasks in QuickBooks to close out the old year and prepare for the new one. The following sections can help guide you through these end-of-year tasks to make the ending of one...
by the Storen Team | Dec 5, 2019 | Businesses, Resources, Resources for Businesses, Taxes
A few weeks ago, I was able to attend the annual National Tax Conference held in Washington DC for tax practitioners sponsored by the National CPA Association (AICPA). It is always a great conference with helpful information for us to better able to service you as our...
by the Storen Team | Dec 4, 2019 | Financial Planning, Resources
Blog by Brian Biggs, CPA – Storen Financial Our CollegeChoice 529 Rep visited our office recently and these were the top tips and tricks that we came away with from that meeting… 1. Distributions for k-12 or college can come out of the same account and...
by the Storen Team | Dec 4, 2019 | Financial Planning, Resources
Blog by Greg Storen, MBA – Financial Advisor, Senior Tax Professional Achieving a Better Life Experience (ABLE) accounts, created in 2014 by congress, are tax-free accounts designed to provide a source of revenue for individuals with disabilities. The dollars...
by the Storen Team | Nov 26, 2019 | Resources, Retirement, Updates
We are reaching out to our valued clients to advise them of several retirement plan issues you may or may not be aware of… All Dow/Corteva employees will need to check their 401K contribution amounts All Corteva employees will need to check their 401K...
by the Storen Team | Nov 21, 2019 | Financial Planning, Retirement, Stock Market, Updates
Blog by Greg Storen, MBA – Financial Advisor, Senior Tax Professional Some of you may have heard Charles Schwab is bidding to acquire TD Ameritrade for $26 Billion. This deal is not completed and only a bid to purchase. We wanted to reach out to our clients and make...
by the Storen Team | Nov 20, 2019 | Financial Planning, Resources, Taxes
Blog by Rob Dukes – Finance Administrator, Admin Team Lead This is a common question we get from clients, and the requirements may surprise you. The “Gift Tax” is actually a misnomer for the vast majority of taxpayers. The gift tax obligation is limited to...
by the Storen Team | Nov 8, 2019 | Financial Planning, Resources, Retirement, Taxes
Blog by Greg Storen, MBA – Financial Advisor, Senior Tax Professional It’s the time of year when leaves are falling, crisp air and tax planning! That is right, tax planning. We all need to take a few minutes and review our finances for 2019 and part of...
