September 13, 2023 Investment Swings: What’s The Tax Impact? For some investors, 2023 has been a wild ride in the stock market. How will that affect your 2023 tax … Read More
September 8, 2023 IRS Guidance on Retirement Catch-Up Contribution Rules The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS … Read More
August 31, 2023 Did Your Spouse’s Estate Make A Portability Election? Estate tax exemption “portability” can save married couples substantial estate taxes, but only if the necessary election is made. Read More
August 31, 2023 Tax Rules For Selling Your Home If you’re selling your principal residence, or you already sold your home in 2023, some or all of the profit … Read More
August 22, 2023 The Tax Consequences Of Employer-Provided Life Insurance If your employer provides you with group term life insurance, it may add to your tax bill. It depends on … Read More
August 15, 2023 Disabled Family Members May Benefit From ABLE Accounts Family members often want to help disabled loved ones financially but don’t want them to lose eligibility for their government … Read More
July 31, 2023 Retirement Account Catch-up Contributions Can Add Up If you’re eligible and not making catch-up contributions to your retirement plan, you’re missing out on building more tax-favored savings. Read More
July 21, 2023 Inheriting Stock Or Other Assets? You’ll Receive A Favorable “Stepped-Up Basis” When planning your estate or inheriting assets, it’s essential to understand the “step-up and step down” basis rules. Read More
July 20, 2023 That Email Or Text From The IRS: It’s A Scam! Criminals keep coming up with new ways to try and steal information from taxpayers. Here are a few of their … Read More
June 29, 2023 The Best Way To Survive An IRS Audit Is To Prepare Don’t panic if you get an IRS letter stating your tax return is being audited. Here are the latest IRS … Read More
June 28, 2023 Should You Consider A SLAT Trust? A spousal lifetime access trust offers the ability to capitalize on the current federal gift and estate tax exemption while … Read More
June 23, 2023 Married and Not Earning Compensation? Consider a Spousal IRA If you’re married and don’t earn compensation, you may be eligible for a spousal IRA. Here are the rules for … Read More
