December 22, 2020 Maximize Your 401(k) Plan to Save For Retirement Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for retirement. If your employer offers a … Read More
November 30, 2020 Employees: Don’t Forget About Your FSA Funds Many employees take advantage of the opportunity to save taxes by placing funds in their employer’s health or dependent care … Read More
November 24, 2020 Taking Distributions From A Traditional IRA Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and … Read More
November 19, 2020 How Series EE Savings Bonds Are Taxed Many people have Series EE savings bonds that were purchased many years ago. Perhaps they were given to your children … Read More
November 12, 2020 Disability Income: How is it Taxed? Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case … Read More
November 12, 2020 What Do The 2021 Cost-of-Living Adjustment Numbers Mean For You? The IRS has announced its 2021 cost-of-living adjustments to tax amounts that might affect you. Many increased to account for … Read More
October 28, 2020 Divorcing Couples Should Understand These 4 Tax Issues When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning … Read More
October 21, 2020 Buying and Selling Mutual Fund Shares: Avoid These Tax Pitfalls If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales … Read More
October 19, 2020 What Tax Records Can You Throw Away? October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline … Read More
October 8, 2020 There May Be Relief From Tax Liability For “Innocent Spouses” If you file a joint tax return with your spouse, you should be aware of your individual liability. And if … Read More
September 29, 2020 Why it’s Important to Plan For Income Taxes as Part of Your Estate Plan As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to … Read More
September 15, 2020 Homebuyers: Can You Deduct Seller-Paid Points? Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are up nationwide, … Read More
