Do You Qualify for the Student Loan Interest Deduction?
If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest you pay on the […]
Year-End Tax Strategies for Stock Market Investors to Consider
Year-end is a good time to plan to save taxes by carefully structuring your capital gains and losses.
Consider some […]
How are Court Awards and Out-of-Court Settlements Taxed?
Awards and settlements are routinely provided for a variety of reasons. For example, a person could receive compensatory and punitive damage payments for personal […]
3 Ideas That May Help Cut Your Year-End Tax Bill
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here […]
New Digital Asset Reporting Requirements are Coming
The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally […]
Remember to Use Up Your Flexible Spending Account Money
Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end […]
Strategies for Donating to Charity or Gifting to Loved Ones
As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here […]
Factor in Taxes if You’re Relocating to Another State in Retirement
Are you considering a relocating to another state when you retire? Perhaps you want to relocate to an area where your loved ones live or where the […]
What to Know About Participating in a 401(k) Plan
Employers offer 401(k) plans for many reasons, including to attract and retain talent. These plans help an employee accumulate a retirement nest egg on […]
Tax Ramifications of Having a Household Worker
Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener […]
