Using an ABLE Account to Save for a Disabled Family Member
There’s a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to which […]
Qualified IRA Charitable Distributions Alternative to Taxable RMDs
Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required […]
Using Your 401k Plan to Save
You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a 401k or Roth 401k plan, contributing to […]
3 Last Minute Tips That May Help Trim Your Tax Bill
If you’re starting to fret about your 2019 tax bill, there’s good news — you may still have time to trim your tax bill […]
Avoid the Wash Sale Rule When Selling Securities
If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware […]
Beware Tax-Related Scams
“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. Criminals can contact victims through regular mail, telephone […]
Gift Tax Exclusion Rules are Advantageous
As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved ones. The gift tax […]
When is Tax Due on Series EE Savings Bonds?
You may have Series EE savings bonds that were bought many years ago. Perhaps you store them in a file cabinet or safe deposit […]
Tax Credits for College Costs
We all know the cost of college is expensive. The latest figures from the College Board show that the average annual cost of tuition and fees was […]
Tax Issues When Divorcing
In addition to the difficult personal issues that divorce entails, several tax concerns need to be addressed to ensure that taxes are kept to a minimum and that important […]
