How to Maximize Savings with an IRA: Rules & Limits for 2021

An Individual Retirement Account (or IRA) is an “individual retirement plan” that is funded through personal contributions. IRAs are a great addition to traditional 401(k)s and allow individuals to save for retirement with tax-free growth or on a tax-deferred basis, depending on the type of IRA. Basic Definitions There are

Keep Reading

COVID-19 Relief Bill Passed – Here Are the Benefit Details

On December 15, 2020, Congress introduced two bipartisan COVID-19 relief bills: the COVID-19 Emergency Relief Act of 2020 ($748 billion) and the State and Local Support and Small Business Protection Act of 2020 ($160 billion), that contain payroll-related provisions. Additional benefits to small businesses are included in the COVID-related Tax

Keep Reading

Happy Holidays From your Friends at Barnes Dennig

With the holiday season upon us, there’s no better time to express our thanks and sincere appreciation for the client relationships we’ve built and the amazing dedication our team has demonstrated. This year might’ve not been easy, but we look forward to the brighter days ahead with the opportunity to

Keep Reading