Let’s face it. Saving money is a challenge at best… Read more »
Industry: High Net Worth Individuals
Tax Breaks for Helping Relatives
It’s not uncommon for adult children or siblings to act… Read more »
Understanding Tax Rates – Marginal vs Effective/Average vs Actual
Your marginal tax rate is the percent of tax that… Read more »
Tax Benefits and Limitations of Real Estate Investments
Rental property often offers larger deductions and tax benefits than most investments. Investors should also be aware of IRS real estate limitations from a taxation perspective.
The Kiddie Tax Under TCJA
Whether you’re looking to reduce tax, shift income, or fund education, it’s important to understand the changes that the Kiddie Tax law underwent with TCJA.
Pros and Cons of 529 College Savings Plans
This article covers the pros and cons of 529 college savings plans which are education savings plans operated by a state designed to help fund education.
Understanding Tax-Related Identity Theft and Refund Fraud
Tax-related identity theft and refund fraud may be avoided with increased awareness and actions that complement IRS security. Learn more.
Converting a Traditional IRA into a Roth IRA
In 2020, a year when all income brackets benefited from… Read more »
Preparing to be an Executor
The role of an executor can be extremely time consuming and stressful. However, there are steps that can be taken now, while your friend or loved one is still living, that can reduce the stress and complications that come with the job. This article covers 9 steps.
Estate Planning – It’s a Matter of Trust
Early estate planning is one way to ensure that as you age, your assets will be protected and managed with your best interests in mind. One common method is the creation of a revocable living trust (“living trust”).