Roth IRA in jar full of coins

 

Originally created as a savings tool for retirement, the Roth IRA was established by the Taxpayer Relief Act of 1997. And like its cousin the Traditional IRA, Roth IRAs allow for tax- deferred growth but with the added advantage of tax-free qualified distributions and no required minimum distributions after age 70 ½....

Toys For Tots

 

Each year Quest participates in a holiday program to benefit a local charity. This year we are proud to announce that we will be collecting toys for the United Stated Marine Corps Reserve’s Toys for Tots program...

Writing Tax Check

One day in 1969, a group got together to discuss financial planning and ultimately what such a profession could look like. This led to the creation of the International Association for Financial Planners (IAFP) as well as the College for Financial Planning and...

Man using a calculator putting coins in a jar.

 

Small business owners are particularly sensitive to taxes and may find some relief with The Tax Cuts and Jobs Act of 2017. Internal Revenue Code Sec. 199A, known as the qualified business income deduction or “pass-through deduction”...

Writing Tax Check

With the passage of the Protecting Americans from Tax Hikes (PATH) Act in 2015, Congress gave taxpayers (and their financial planners) the gift of certainty by making Qualified Charitable Distributions (QCD) a permanent provision for all years going forward and providing the opportunity to be...