The IRS has issued final regulations on the changes made to the required minimum distribution rules, as reflected by the SECURE Act of...

The holiday season is a time of giving, and while the joy of gifting is often its own reward, there are ways to make your generosity even...

As Boomers and Gen Xers approach retirement, effective financial planning becomes crucial to ensure a comfortable and secure future. This...

A frequent question, and a situation where taxpayers often make tax mistakes, is whether it is better to receive a home as a gift or as...

Selling a property you have owned for a long period of time will frequently result in a large capital gain, and reporting all of the gain in

During his State of the Union Address before Congress on March 7, 2024, President Biden presented an overview of his tax agenda proposed...

There are some unique ways to make charitable contributions that can provide tax advantages to the donor. Before deciding about your...

Gift and estate taxes are both part of the federal transfer tax system and are interconnected. Gift tax applies to transfers of wealth...

Back in late 2017 Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA) that made enormous changes to income tax laws as outlined below....

When we’re young and vibrant, we think that we’ll never grow old. We enjoy each day never thinking there might come a day when we’ll...

If you are fortunate enough to have an estate large enough to be subject to the estate tax upon your death, you might be considering ways...

When Congress established tax-favored retirement plans, they allowed taxpayers to take a tax deduction for the amount of their allowable...

While it’s usually true that the “rich get richer,” a proposed tax code will prove a remarkable exception if the House has its way. The...

When you’re in the midst of building or growing a business, the last thing on your mind is what happens if the owner suddenly dies. If...

If you are an employer looking for an attractive employee benefit that lets you plan contributions around your revenues, consider a...

Living trusts are an estate-planning tool, and there is not a one-type-fits-all living trust.