March 30, 2020

And now for some good news…

Wherever we turn these days, we are inundated with horrible news and stories about the world in a health and economic crisis. While the circumstances have changed, we are reminded of the feelings of hopelessness and the negative news cycle of the 2008-09 financial crisis. History has shown us that while we cannot time the market … Continued

March 26, 2020

What you need to know about the Coronavirus Relief Bill

After much debate and negotiation, Congress has passed a $2 trillion stimulus package intended to provide relief to individuals and businesses during the Coronavirus outbreak. Here are a few of the provisions we believe are most impactful for our clients: Required minimum distributions from IRAs, 401(k)s, 403(b)s, and similar retirement accounts have been suspended for 2020. The … Continued

March 20, 2020

Tax Deadline Changes and Resources

Dear Clients and Friends, As this week comes to an end, we wanted to reach out with some news and resources. Today, the IRS announced an extension of the tax filing deadline of April 15 to July 15 to provide more time for people to prepare and pay their 2019 tax liability. Tax payments due will … Continued

Summit Financial Strategies
7965 N. High St. #350, Columbus, OH 43235
t: (614) 885-1115  f: (614) 885-1495