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  1. Home
  2. Archived Blog
  3. December 2017

December 2017

Tax Reform Has Passed!

Submitted by Korhorn Financial Group, Inc. on December 21st, 2017

By Ryan Fair, CPA, CFP

You may or may not have heard, but Congress actually did something!  And this “something” was a big something that will affect all of us for years to come: Tax Reform.  What does this really mean and how will it effect you?

Most importantly, nearly all of us will see a decrease in federal tax due to the government.  There are several significant changes that lead to lower taxes, but I will focus on those with the most widespread impact.

Tags:
  • tax reform
  • Read more

Merry tax planning! Check these 5 things off your list before December 31

Submitted by Korhorn Financial Group, Inc. on December 12th, 2017

By Ryan Fair

December is always a flurry of activity. Preparing for the holidays (and fitting in all those holiday parties) can be a challenge for all of us. If you’re like most people, the last thing you want to be thinking about as New Year’s Eve approaches is planning your taxes. Of course, as a tax specialist, that is precisely what consumes most of my time in December. For better or worse, it’s the time of year not only for “decking the halls,” but also for taking wise steps to reduce your tax bill come April 15.

Tags:
  • 401k
  • IRA
  • Roth IRA
  • tax-loss harvesting
  • Read more

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