259 items found for ""
- Lander | Monotelo Advisors
Get Started Simplify Your Crypto Tax Filing – Expert Help for Crypto Investors Stay compliant with IRS guidelines while maximizing deductions for your cryptocurrency trades. Book a Free Consultation Expertise in Crypto Taxes Specialists in crypto tax regulations. Accurate Reporting Tools and expertise for tracking and reporting trades. Expertise in Crypto Taxes Strategies to minimize tax liability. Problem 1 Struggling to track your trades across multiple exchanges? Solution We simplify the process by consolidating all your trading activity into a single, comprehensive report. Problem 2 Confused about tax regulations for staking and DeFi Solution Our experts provide clarity and ensure proper categorization to avoid mistakes Problem Comprehensive Cryptocurrency Tax Challenges Does your tax preparer handle activities like trading, staking, mining, airdrops, DeFi, and NFTs? Are you worried about staying compliant with evolving IRS cryptocurrency taxation guidelines? Are you missing out on deductions for mining equipment or operational costs? Do you struggle to calculate your basis for various positions? Solution Most tax software lacks the ability to robustly track cryptocurrency activities, leading to incomplete or incorrect filings, and increasing the risk of audits or penalties. Monotelo Advisors resolves these issues by: Offering advanced crypto-tax solutions tailored to trading, staking, mining, DeFi, and more Ensuring compliance with the latest IRS guidelines. Maximizing deductions, including those for operational costs and equipment Simplifying basis reporting to ensure precise and accurate tax preparation Working Process Step 1 Sign Up Request access to your secure portal. Step 2 Upload Your Documents Upload all your tax documents easily and securely to your portal Step 3 We Prepare and Review Our team will prepare your return and ensure it’s accurate and compliant. If you trade on non-traditional platforms (other than Coinbase or Robinhood, etc.), please provide the transaction basis information. If we notice any missing information, we’ll follow up promptly. Step 4 Review and Approval Once your return is complete, we’ll notify you via text, email, or phone—your choice! You’ll have the option to review your return with one of our tax experts. Step 5 We Handle the Rest After your review, we’ll finalize and electronically file your tax return. Provide valuable resources to establish authority: Enter Email* DOWNLOD I want to subscribe to your mailing list. Our Pricing Basic Starts at $350 up to 25 transactions Plus Starts at $425 up to 100 transactions Advanced Starts at $650 up to 1,000 transactions Contact for a quote Get Started Additional schedules from other sources of income or deductions may incur an additional fee. Don’t wait until the deadline – simplify your crypto taxes today! Start Your Crypto Tax Return Now © 2025 by Monotelo Inc. info@monotelo.com 800-961-0298 View our privacy policy
- Tax Planning & Preparation | Monotelo Advisors | Elgin
At Monotelo Advisors our accountants work hard to free up cash flow by helping you minimize your federal tax liability, giving you more money to reinvest into your future. Simplify Your Taxes with Trusted Experts Accurate, stress-free tax preparation for individuals and businesses. Learn More Schedule Meeting Start your 2024 Tax Return Tax Season Resources Critical Dates for Income Tax Filers in 2025 Jan 16 3 min read 467 Critical Deadlines and Tax Changes for Small Business Owners Jan 10 4 min read 210 Important Updates for the Coming Tax Season Jan 6 4 min read 775 Critical Dates for Income Tax Filers in 2025 Critical Deadlines and Tax Changes for Small Business Owners Important Updates for the Coming Tax Season Looking for Financial Planning Help? Our values-based retirement planning will give you the quiet confidence that everything is on track for you to achieve your life goals. Get Started Learn More Run your business, we'll handle your finances. Small business owner? Yes, we can help you with your tax, bookkeeping and payroll needs. But there is so much more to having the right financial partner. Get Started Learn More
- Client Portal Resources | Monotelo Advisors
Client Portal Tutorials Create a Client Portal Upload Documents Download the Client Portal App E-Signatures
- SOO | Monotelo Advisors
WHITE PAPER INTRODUCTION STARTING OVER, AND OVER (SOO)! The SOO case is about a young Realtor who started her real estate career right out of college. With a strong desire to be in the industry, she began her real estate career as an administrative assistant, and worked her way into a sales position at a local real estate office in the Northwestern corridor of the US. After building a successful business in the Northwest, she had to make a life changing decision. Should she follow her fiancé to the Midwest, while he attended medical school? Or should she stay in the Northwest and continue to grow her business? Judy decided to take the challenge and build a second real estate business in the Midwest. She joined a traditional platform with a 60/40 split. Her business grew quickly, but she did not like the idea of giving such a large percentage of her commissions to her broker. Judy found a niche office with minimal overhead expenses where she was able to switch to a 90/10 commission split. She now had two locations that were generating significant income for her, and because of her ambition and hard work, Judy was recognized with the Rising Star Award in 2016. THE CHALLENGE Within three years of her move to the Midwest, her business was grossing $150K in revenue annually, and she was paying 32% of her income in state, federal income and wage taxes. On top of her growing tax bill, her fiancé’s school loans were rapidly increasing and there was growing concern over how long it would take to pay back the loans when the government was taking such a large piece of her commissions. Was there anything they could do to increase their cash flow and start paying down his school loans? In the middle of our dialogue over how Monotelo helps Realtors® reduce their tax liability, Judy and her fiancé got married and decided to move back to the Northwest as soon as he finished school. Her new husband had a nice position lined up in the medical field, and Judy was planning to pick up her Northwest-based real estate business where she left off. With the addition of her husband’s new salary, the likelihood of being pushed into a higher tax bracket was high. Combining the high federal income tax bracket with the self-employment tax and state income tax, they were going to be paying close to 50% of every marginal dollar to the federal government as her business income grew. Save as PDF THE SOLUTION Judy and her husband struggled with the decision to implement our strategy, because of the added complexity of their move back home. After considerable thought, they decided to move forward and implement our recommendations in the fall of 2016. The Monotelo team made sure Judy’s real estate business was properly structured to apply the tax code in the most efficient way possible. By changing the way Judy received income and structuring her new business to take advantage of provisions in the revenue code, Monotelo reduced her tax liability by $8,000. The increased cash flow had a significant impact on their ability to start paying down her husband’s outstanding student loans. What a relief! More White Papers WLW: Win One, Lose One, Win One CWS: Could-A-Would-A-Should-A JSZ: Junior Sam Zell
- Tax Planning Engagement Letter Complex | Monotelo Advisors
Monotelo Advisors Inc Tax Planning Engagement Letter Heading 1 Thank you for choosing Monotelo to assist you with your tax planning needs. Tax planning is a strategic approach to managing finances that aims to minimize tax liability and maximize savings. By organizing income, expenses, investments, and expenditures efficiently, individuals and businesses can take full advantage of tax benefits, deductions, and credits. Effective tax planning not only reduces the amount of taxes owed but also contributes to better financial health by freeing up resources for savings, investments, and future growth. This engagement letter outlines the scope of our services, your responsibilities, and our commitment to providing you with accurate and timely solutions. By agreeing to this letter, you authorize Monotelo to prepare a tax plan that will help to reduce your short-term and lifetime tax liability. We look forward to working with you to ensure that you retain more of your hard-earned money.
- Our Team | Monotelo Advisors
THE MONOTELO TEAM Jim Richter, CFP®, CAIA®, EA, CEPA ® President jim@monotelo.com Jim Richter is the President of Monotelo Advisors. Jim sets the strategic direction for the firm, including oversight of all tax and financial planning services at Monotelo Advisors. He brings 20+ years of experience in the financial services industry, including 10 years of hedge-fund specific work across diverse investment products. Prior to founding Monotelo Advisors, Jim spent 7 years as a Managing Director and Partner at a Chicago-based asset management firm. Prior to his time in the asset management industry, Jim spent 9 years as a fixed-income specialist in the banking industry. Jim is a CERTIFIED FINANCIAL PLANNER™ and a Chartered Alternative Investment Analyst with a degree in Finance from the University of Illinois - Chicago. He is an Enrolled Agent, a federally authorized tax practitioner empowered by the US Department of the Treasury to represent taxpayers before the Internal Revenue Service. Jim is also a Certified Exit Planning Advisor (CEPA®), trained to help business owners align their goals and build transferable value to successfully exit their companies. If you asked Jim where he would like to be right now, it would be in the Northwoods of Wisconsin. Ron Rindone, CPA Certified Public Accountant ron@monotelo.com Ron is a Certified Public Accountant with more than 40 years in public accounting. Ron has extensive experience with accounting and taxation in the manufacturing and service industries. He is a member of the Illinois CPA Society. Ron has a deep understanding of the Internal Revenue Code and how it intersects with our small business owners and individual families. He has a Bachelor’s degree in accounting from the University of Illinois. Ron and his wife have one son and two grandchildren. In Ron’s free time he enjoys spending time at his home in Lake Geneva with family and friends. Little known fact about Ron: he has been to the World Series of Poker more than once! Nicknamed “Best Dressed Ron” by the Heartland Poker Tour announcers in 2016, Ron was perfectly fine with his new nickname after he walked away with $74,000 in tournament winnings. Mary J Bresson, CPA Certified Public Accountant mary@monotelo.com Mary is a Certified Public Accountant with more than 20 years in public accounting. Mary has extensive experience with accounting, taxation, and the agriculture industry. She is a member of the AICPA, Illinois CPA Society, and the National Society of Accountants. Mary has a Bachelor’s degree in accounting from Northern Illinois University with a minor in Finance. She is an Intuit QuickBooks ProAdvisor and supports many of our small business and farming clients with payroll, bookkeeping, monthly accounting services and QuickBooks training and support. Mary lives with her husband Jeff near their family farm. They have two adult children and five grandchildren. In Mary’s free time she enjoys gardening, traveling, cooking, music, and entertaining family and friends. Gavin Tabb, CPA Certified Public Accountant gavin@monotelo.com Gavin is a Certified Public Accountant and small business specialist for Monotelo Advisors. He is responsible for supporting our small business clients throughout the United States with seamless payroll, bookkeeping and monthly accounting services throughout the year. Gavin has a Bachelor’s degree in accounting from Northern Illinois University. He is an Intuit QuickBooks Certified User. Gavin and his wife have a five-year old daughter and one-year old son. Mike Matousek, CPA Certified Public Accountant Mike@monotelo.com Mike has extensive experience, spanning over four decades, starting as a staff accountant, and eventually becoming a partner at his own firm. His responsibilities included preparing and filing individual and business tax returns, assisting in audit field work for corporations, assessing the risk of material misstatement in financial statements, and designing audit procedures in accordance with Generally Accepted Auditing Standards (GAAS) for various accounts. As a partner at his firm, Mike was also involved in training and supervising staff, playing a leadership role in the development of his team. His current focus at Monotelo involves researching tax positions for clients to minimize tax liabilities and filing complex corporate tax returns. Mike has a wealth of experience and expertise in tax planning, auditing, and leadership within the field of public accounting. Michael Baumeister, CFP®, EA Financial Planner michael@monotelo.com Michael is a CERTIFIED FINANCIAL PLANNER™ for Monotelo Advisors. Michael provides solutions to client’s complex financial planning needs in a thorough, cost-effective manner. He is the point of contact for all financial planning clients to ensure a constant channel of communication and oversight. His personal experience brings an expertise in the fields of asset allocation, estate planning, insurance review, tax planning and comprehensive financial planning. Michael has a Bachelor’s degree in accounting from Judson University. He is an Enrolled Agent, a federally authorized tax practitioner empowered by the US Department of the Treasury to represent taxpayers before the Internal Revenue Service. Michael and his wife have a two sons, both under five years old. Even though Michael is a millennial, with the facial hair to prove it, he does not wear tight jeans or drink coffee. When Michael was 10 years old, he wanted to be a paleontologist, but then again, that’s when Jurassic Park was still a big deal! Renee Katschke Small Business Specialist renee@monotelo.com Renee is a small business specialist for Monotelo Advisors with over 15 years of public accounting experience. Renee works alongside Mary Bresson in our West Brooklyn office serving our small businesses and farming clients. She started her career in banking and has been providing bookkeeping, payroll and sales tax return preparation services since 2006. Renee also supports our team in preparing individual 1040, corporate and partnership tax returns. Marianne Richter Engagement Manager marianne@monotelo.com Marianne Richter is responsible for ensuring that Monotelo is delivering a high level of customer service and meeting the expectations of Monotelo’s small business relationships. Marianne brings 13+ years of diversified training and marketing experience in the consumer goods industry to Monotelo. Marianne and her husband, Jim have two adult sons. Little known fact about Marianne: she is a certified personal trainer and health coach. If Marianne could be anywhere, it would be on a beach. Starla Dolihite, EA Tax Specialist starla@monotelo.com Starla is a tax specialist with Monotelo Advisors. She serves in our personal tax department where she brings her best to Monotelo clients each day. Her attention to detail and commitment to excellence are what make her special. She is passionate about studying tax law and getting into the nitty-gritty so she can apply that knowledge to make a difference in the lives of our clients. Outside of work she enjoys hiking, mountain biking, paddleboarding and serving in her church. Starla and Brian, her husband of 33 years, have three adult children and one daughter-in-law. If Starla could be anywhere right now it would be working out at the gym, or at the beach. But not just any beach! The beach has to be on the Florida Gulf Coast. Starla and her husband are Florida natives. Starla has a Bachelor Degree in Accounting from the University of West Florida. Starla is an enrolled agent, a federally authorized tax specialist that operates to provide advisory services to American taxpayers about matters concerning the Internal Revenue Service. Anita Ruffin Accountant anita@monotelo.com Anita is a seasoned accounting professional who has served in public and corporate accounting over the course of her career. Working in the accounting department at Motorola for a decade, Anita played the role of staff accountant, compensation analyst and team leader in Motorola’s network services business. Anita holds a Bachelor of Science degree in Accounting from the University of Missouri. She and her husband have three adult children and a dog! Anita enjoys traveling, gardening, leading her BSF bible group and spending time with family. If she could be anywhere right now, she would be on the beach, in a tropical island! Michelle Hartley, AFC® Paraplanner michelle@monotelo.com Michelle serves in Monotelo’s personal tax and our financial planning group. In addition to preparing tax returns for Monotelo clients, Michelle supports our clients with strategic tax and financial planning insights. Michelle began her undergraduate education at Tulane University, before life as a military spouse sent her on a 20-year exploration of communities throughout the continental U.S. and the Pacific Ocean. Along the way, she finished her bachelor’s degree in psychology at the University of Texas at San Antonio, was selected for the FINRA Foundation's Military Spouse Fellowship Program, and began pursuing her passion for financial counseling, education, and taxes. Michelle enjoys volunteering with organizations that serve military families and youth in her local community. When she isn’t serving Monotelo clients or completing work on her master’s degree in financial planning, you might find her baking or maintaining her garden. Michelle and her husband of 20 years have one son in middle school. If Michelle didn’t have to work for a living, she would probably be serving military families with free financial counseling services or writing a book on the connection between psychology and financial decision-making. Michelle is an Accredited Financial Counselor. The Accredited Financial Counselor (AFC) provides financial advisors with practical training in all aspects of personal finance. AFC candidates must have at least 1000 hours of experience as a financial counselor. Cassie Beesley Associate Cassandra@monotelo.com Cassie is a long-time resident of Bunker Hill, and is thrilled to assist Monotelo clients in the local communities she loves. Cassie earned two bachelor’s degrees from Eureka College, one in Mathematics and one in Secondary Education. After graduating from college, Cassie worked as an administrative assistant for over 5 years, where she found her calling in accounting and her love for numbers. In her spare time, Cassie coaches girls and boys volleyball at her alma mater high school. When Cassie is not caring for the needs of Monotelo’s clients, you might find her writing her own fictional stories, or hiking and kayaking Nicole Boyd Tax Specialist Nicole@monotelo.com Nicole is a tax specialist serving in Monotelo’s personal tax group and is in the process of getting her Enrolled Agent status. Since starting her career in tax, Nicole has filed over 2,000 personal tax returns. With a passion for numbers, she knew at a very young age that her career would be in tax and accounting. When Nicole is not serving Monotelo clients with a smile, you will probably find her on the volleyball court or reading. She is the captain of 5 volleyball teams that play in sand and on court year-round.
- 100% Business Meal Deduction for 2021 and 2022
SMALL BUSINESS TIPS DEDUCTING 100% OF YOUR BUSINESS MEALS In the past, the tax deduction for business-related meals has generally been limited to 50% of the cost of the meal. However, to help the restaurant industry recover from the Covid-19 pandemic, the relief bill signed into law at the end of last year temporarily increased the business meal deduction to 100% for tax years 2021 and 2022. This means that you can now fully deduct the cost of your business meals provided they meet a few requirements. What Qualifies as a Business Meal? The first step is to make sure your meal qualifies as a business expense. Deductible business meals include: Meals shared between you and a person with whom you could reasonably expect to engage in business activity, such as a customer, supplier, employee, partner, or professional advisor. Meals for yourself while out of town on a qualified business trip. Note that you cannot deduct your own meals while working unless you are either out of town on an overnight business trip or meeting with a potential business associate. To substantiate your meal as a qualified business expense you should save the receipt as well as document who you met with or the purpose of your out-of-town trip. How Do You Qualify for the 100% Deduction? Since the purpose of temporarily increasing the meal deduction was to bolster the struggling restaurant industry, the 100% deduction only applies if the meal is provided by a business that prepares and sells food or beverages to customers for immediate consumption. You are not required to purchase the meal directly from a qualified restaurant, as long as the food is provided by one. This means that meals you purchase through a third-party food delivery service can still qualify for the 100% deduction. What Doesn’t Qualify for 100% Deduction? Businesses that are not qualified restaurants include any that primarily sell pre-packaged food or beverages not for immediate consumption, including: Grocery stores Specialty food stores Beer, wine, or liquor stores Drug stores Convenience stores Newsstands Vending machines or kiosks Meals purchased from any of the places mentioned above would still be limited to the 50% deduction. If you choose to use federal per diem rates to deduct your meals during business trips or to reimburse your employees for business meals, you are also limited to the regular 50% deduction. To qualify for the 100% deduction you must use the actual cost of the meals. Summary Business meals have traditionally been a sore spot for business owners due to the limited tax benefits relative to other business expenses. With this temporary increase you can now fully deduct your business meals as long as they are a qualified business expense and are provided by a qualified restaurant.
- Year-End Review of Your Retirement Accounts
Spend some time reviewing your retirement accounts before 2019. Save as PDF Read more articles Share 1 2 HOW TO SAVE YEAR-END REVIEW OF YOUR RETIREMENT ACCOUNTS As we head into the final few months of 2019 you should take some time to review the contribution limits of your retirement accounts and determine if you can make additional contributions before the deadline for 2019. You should also take this opportunity to review your records to make sure you avoid the number one retirement account mistake. Contribution Limits For a 401(k), 403(b) or 457 your maximum contribution for 2019 is $19,000. If you are 50 or older before the end of 2019 you can contribute an additional $6,000 for a total of $25,000 For a traditional or Roth IRA plan your maximum contribution for 2019 is $6,000. If you are 50 or older before the end of 2019 you can contribute an additional $1,000 for a total of $7,000. Remember that this limit applies to each spouse separately. A married couple both over the age of 50 can contribute a total of $14,000 to traditional or Roth IRAs for 2019. For a Simple IRA your maximum contribution for 2019 is $13,000. If you are 50 or older before the end of 2019 you can contribute an additional $3,000 for a total of $16,000. If you are not able to max out your contributions before the end of the year you can continue to contribute until April 15th, or October 15th if you file for an extension. The Number One Retirement Account Mistake One of the biggest mistakes you can make with your IRA or other retirement account is to not have accurate beneficiary forms on record for your account. The beneficiary form identifies who you want to receive the funds in your account after your death. Missing or outdated beneficiary forms can create legal or tax nightmares for your family. These beneficiary forms take precedence over any other legal documents such as a will or divorce agreement, which can result in your funds going to the wrong person, even when it is clear who you intended to receive the funds. In a recent U.S. Supreme Court case, William Kennedy failed to update the beneficiary form for his 401(k) following his divorce. In Kennedy’s divorce agreement with his wife, she agreed to waive her rights to his 401(k), however he never updated the beneficiary form with the account holder. This led to an eight-year legal battle for his daughter, trying to recover the $402,000 he intended her to receive. His daughter ultimately lost when the Supreme Court unanimously decided that the outdated beneficiary form took precedence over the divorce agreement and Kennedy’s will. Had Kennedy simply taken the time to update the beneficiary forms for his 401(k), he would have saved his daughter years of hassle and guaranteed she receive the funds he intended for her. Summary The lesson here is very clear: Whenever there is a major change in your life, make sure that you update the beneficiary forms for all your financial accounts. Major changes would include getting married, having a child, getting divorced or the death of a family member. If you have not reviewed these forms since the last time one of these events took place you should take some time before the end of the year to do so. Read more articles Share Failing to order your affairs to minimize your tax burden could cost you significant money - so don't wait to take action. If you have additional questions or need some planning help, please reach out to us.
- Tax Planning & Preparation | Monotelo Advisors | Elgin
At Monotelo Advisors we work hard to free up cash flow by helping you minimize your federal tax liability, giving you more money to reinvest into your future. TAX EXPERTISE Monotelo believes there is a better way to help you secure your financial future. It starts by improving your cash flow, then focusing on the budget and retirement savings to help you take charge of a future filled with peace and financial security. Our mission is to make a difference with meaningful and actionable financial solutions that positively impact our client's lives. We do this by integrating the tax component into all our discussions - freeing up cash flow that allows our clients to live the lives they want to live. SMALL BUSINESS OWNERS If you are a small-business owner, there is a high probability that you are paying more tax than what is required. And the key to lowering your tax bill is not in finding a competent CPA to file your tax returns, it's in finding an expert with a disciplined process to help you plan your future. LEARN MORE PRIVATE CLIENTS With the opportunities and challenges of the Tax Cuts and Jobs Act, Monotelo's unique blend of expertise in tax law, retirement planning and wealth management can be a critical factor in helping you reach your short and long-term goals. LEARN MORE RETIREMENT PLANNING The Tax Cuts and Jobs Act has made proper tax planning more critical than ever when it comes to preparing for retirement. Monotelo's unique blend of expertise and wealth management can help you reach your retirement goals. LEARN MORE TAX EXPERTISE Click here to access the tools and articles designed to help you manage your taxes and your finances while giving you confidence to take the steps needed to prepare for a future filled with peace, hope and financial security. LEARN MORE
- Holiday To-Do List
Quarterly: Oct 17
- Three Reasons To File Early
Want to file your taxes early? Filing Your Tax Return Early Could Boost Your Next Stimulus Check There are a number of reasons to file your tax return early this year. A quicker refund and reduced risk of tax identity theft are at the top of the list for most people… and for some people, a larger stimulus check! So who should file early and who should wait to file in April? The answer to that question depends on whether there were changes to your family or financial situation last year. That's because the next stimulus check will be based on your 2019 tax return or your 2020 return. And the return that was most recently filed when the IRS starts processing your stimulus payment will likely be the one that they use to determine your benefits. When the IRS calculates the amount of your next stimulus check, they will review your tax filing status, the number of dependents, and your adjusted gross income (your AGI). That information will come from your 2019 or your 2020 tax return. If you file early, they will likely pull that information from your 2020 return. If you file later, they will most likely pull that info from your 2019 return. And that dynamic gives you a little more control over your next stimulus check. The IRS started accepting tax returns last week. The two-week delay in accepting tax returns was due to some unexpected programming that was required after the second round of stimulus checks were authorized. If Congress passes President Biden’s $1.9 trillion budget reconciliation bill, that plan is likely to authorize another round of stimulus checks. Based on most estimates, the IRS is not likely to start processing third-round stimulus checks until the second week of March (or later!). If you expect your 2020 tax return to drive a higher stimulus payment, then you may want to file your 2020 return as soon as possible. That way there's time for it to be processed before the IRS starts sending out stimulus payments. So what things might cause a higher stimulus payment? The following changes might drive a larger stimulus payment from your 2020 tax return: THREE REASONS TO FILE YOUR TAXES EARLY You were married in 2020 You had a baby in 2020 You were claimed as a dependent on a 2019 tax return, but not on anyone's 2020 return Your income was lower in 2020 than it was in 2019 And who might consider waiting to file their 2020 tax return? If your income was higher in 2020 than it was in 2019, you may want to wait until April to file your tax return. If you had a death in your family in 2020, and you have fewer dependents on your 2020 tax return, you may want to wait to file your tax return. If you are losing the ability to claim your child as a dependent due to their age in 2020, you may want to consider waiting to file your tax return. If you got divorced in 2020 the best path is less straightforward. There are several factors that could impact whether you should file early or wait. For additional questions, please reach out to us at info@monotelo.com or call us at 800-961-0298. START YOUR 2020 TAX RETURN Upload your doc's online, and start your return from home. Get started Failing to order your affairs to minimize your tax burden could cost you significant money - so don't wait to take action. If you have additional questions or need some planning help, please reach out to us.