Make a 2015 Contribution to an IRA
retirement plans allow your money to grow tax-deferred - or,
in the case of Roth accounts, tax-free.
But annual contributions are
limited by tax law, and any unused limit can't be carried
forward to make larger contributions in future years. So it's
a good idea to use up as much of your annual limits as
possible. Have you maxed out your 2015 limits?
While it's too late to add to your 2015 401(k) contributions,
there's still time to make 2015 IRA contributions. The
deadline is April 18, 2016. The limit for total contributions
to all IRAs generally is $5,500 ($6,500 if you were age 50 or
older on December 31, 2015).
A traditional IRA contribution also might provide some savings
on your 2015 tax bill. If you and your spouse don't
participate in an employer-sponsored plan such as a 401(k) -
or you do but your income doesn't exceed certain limits - your
traditional IRA contribution is fully deductible on your 2015
If you don't qualify for a deductible traditional IRA
contribution, see if you qualify to make a Roth IRA
contribution. If you exceed the applicable income-based
limits, a nondeductible traditional IRA contribution may even
make sense. Neither of these options will reduce your 2015 tax
liability, but they still provide valuable opportunities for
tax-deferred or tax-free growth.
We can help you determine which type of contributions you're
eligible for and what makes sense for you. Call us 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; and Pablo Blanco who has
recently joined SMEED and comes 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 on 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,