by KNSS | Jan 2, 2020 | January 2020 Newsletter
By Bob Cahill, Leader Bank Big changes for 2020! The?Federal Housing Finance Agency announced the conforming limit for one to four unit properties is increasing.??For a complete list by states/counties please?click here. Investopedia defines Conforming Loans as: What...
by KNSS | Jan 2, 2020 | January 2020 Newsletter
For 2019, the standard deduction for a single individual is $12,200 and for a married couple is $24,400. A person will benefit by itemizing once allowable deductions exceed the applicable standard deduction. Itemized deductions include state and local income taxes (or...
by KNSS | Jan 2, 2020 | January 2020 Newsletter
Here’s one more New Year’s Resolution you might add to your list: Training your children to be aware of internet/online security or cyber security. As many are aware, cyber security is the protection of assets and data from electronic attack. This includes...
by KNSS | Jan 2, 2020 | January 2020 Newsletter
Personal financial planning is an ongoing process.? The good news is that financially speaking, 2019 was another really good year. The stock markets once again hit all time highs.? Real estate prices around the country continue to increase.? And interest rates and...
by KNSS | Jan 2, 2020 | January 2020 Newsletter
Month Income Taxes Saving and Investing JANUARY 4th quarter 2019 estimates due 1/15/20 Expect to receive W-2s and 1099s by January 31, 2020 Review your withholdings for 2020, and, if necessary, file a new W-4 Form with your employer to adjust your withholding Prepare...
