News & Insights

The CARES Act 2020 RMD Waiver: What You Need to Know

There are potential benefits to forgoing the distribution this year.

Tax Loss Harvesting: A Potentially Beneficial Bear Market Strategy

Selling stocks at a loss may help you lower your taxes for years to come. 

Should You Convert to a Roth IRA?

If you've been thinking about converting some or all of your retirement account assets to a tax-free Roth IRA, now might be an optimal time.  

Canby Financial Advisors Market Commentary for the Quarter Ended 3/31/2020

To state the obvious, a lot has changed in the first quarter of 2020. 

The 529 Plan Tax Risk You Shouldn’t Ignore

If you used a 529 plan withdrawal to pay for your child's college expenses this semester and you received a refund of college costs, recontributing your withdrawal into your 529 account may help you avoid unwanted taxes.  

Understanding the New Extended Tax Filing Deadlines

You now have until July 15, 2020 to file your 2019 federal tax return and pay what you owe. But your state may not offer the same flexibility.

Market Volatility and Your Retirement Investing Strategy

In turbulent times, it’s more important than ever to remain calm and stay on course toward your long-term retirement savings goals.

Five Red Flags That Raise the Odds of an Audit

There's no way to know exactly what will trigger an audit, but these situations may make it more likely that the IRS will give your tax return a closer look.  

What About Bonds?

Confused by cryptic phrases like "falling yields" and "rising interest rates"? Here’s a refresher course on how the bond market works.

Protecting Your Financial Interests After Your Spouse Dies

As painful as this process may be, there will be a number of important steps you'll need to take to remain financially secure and independent.