Child Tax Credit: The rules keep changing but it’s still valuable
If you’re a parent, you may be confused about the rules for claiming the Child Tax Credit (CTC). The rules […]
Taxes
Taxes
Retirement, Taxes
Answers to your questions about 2023 limits on individual taxes
Many people are more concerned about their 2022 tax bills right now than they are about their 2023 tax situations.
Estate Planning, Retirement, Taxes
Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty
Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take
Taxes
Why you might want to file early and answers to other tax season questions
The IRS announced it opened the 2023 individual income tax return filing season on January 23. That’s when the agency
Estate Planning, Retirement, Taxes
SECURE 2.0 law may make you more secure in retirement
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t
Taxes
Renting to a relative? Watch out for tax traps
If you own a home and rent it to a relative, you may be surprised to find out there could
Investment, Taxes
Selling stock by year-end? Watch out for the wash sale rule
If you’re thinking about selling stock shares at a loss to offset gains that you’ve realized during 2022, it’s important
Estate Planning, Retirement, Taxes
Answers to your questions about taking withdrawals from IRAs
As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from
Investment, Taxes
Strategies for investors to cut taxes as year-end approaches
The overall stock market has been down during 2022 but there have been some bright spots. As year-end approaches, consider
Taxes
Year-end giving to charity or loved ones
The holiday season is here and many people plan to donate to their favorite charities or give money or assets