While you are not required to take a minimum distribution in 2020 due to the pandemic, some may have already done so. In case you weren’t aware, there is an option to put the money back into that same IRA or a new IRA and save tax dollars, if you have not done so already. Please contact your financial representative to discuss any paperwork needed. Act quickly as the deadline to do so is August 31, 2020!
The Molen & Associates Difference
“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”
“Molen & Associates is amazing! They run an incredibly streamlined process, which makes filing taxes a breeze. So impressed with their attention to detail, organization, and swift execution every year. Cannot recommend them enough!”
“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”