There's Still Time to Make a
2017 IRA Contribution
you haven't contributed funds to an Individual Retirement
Arrangement (IRA) for tax year 2017, or if you've put in less
than the maximum allowed, you still have time to do so. You
can contribute to either a traditional or Roth IRA until the
April 17 due date, not including extensions.
Be sure to tell the IRA trustee that the contribution is for
2017. Otherwise, the trustee may report the contribution as
being for 2018 when they get your funds.
Generally, you can contribute up to $5,500 of your earnings
for tax year 2017 (up to $6,500 if you are age 50 or older in
2017). You can fund a traditional IRA, a Roth IRA (if you
qualify), or both, but your total contributions cannot be more
than these amounts.
IRA: You may be able to take a tax deduction for
the contributions to a traditional IRA, depending on your
income and whether you or your spouse, if filing jointly, are
covered by an employer's pension plan.
IRA: You cannot deduct Roth IRA contributions, but
the earnings on a Roth IRA may be tax-free if you meet the
conditions for a qualified distribution.
Saving for retirement should be part of everyone's financial
plan and it's important to review your retirement goals every
year in order to maximize savings. If you need help figuring
out which retirement strategies are best for your situation,
give the office a call. Help is just a phone call away at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or check us out at our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,