The American Rescue Plan boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500 from $5,000, offering a higher tax break on top of existing rules allowing more time to spend the money. CLICK ON THE HEADLINE FOR MORE
The estate planning world is abuzz right now because President Biden is trying to do away with these favorable estate tax laws in an attempt to reduce his perceived economic inequality amongst Americans. In a nutshell, more families would have taxable estates under Biden’s plan. CLICK ON THE HEADLINE FOR MORE
Diversifying your assets and maintaining a rainy-day fund are prudent steps for long-term investors. Here are some other important lessons to consider as the world’s economies gradually try to regain their bearings. CLICK ON THE HEADLINE FOR MORE
As millions of Americans struggle to adjust to a “new normal,” it is no surprise that many are checking on 401(k) balances, investments, and portfolios. To calm fears amid the current market climate, here are three pieces of advice that some advisers are sharing with clients. CLICK ON THE HEADLINE FOR MORE
There’s a lot of truth to the saying, “It’s not how much you earn — it’s how much you keep.” As savvy investors know, cutting your annual tax payments can improve your financial position, freeing up more money for spending or investing. CLICK ON THE HEADLINE FOR MORE
Worries about the economy just increased when a fairly reliable recession warning emerged from the bond market. But now is a time to prepare, not panic. Financial experts say consider taking certain steps that are beneficial in any economy, CLICK ON THE HEADLINE FOR MORE
Millions of Americans are finding their refunds are smaller this year. For the three reasons why, CLICK ON THE HEADLINE
In uncharted waters this tax season, millions of small business owners will be trying to determine if they qualify for a deduction exempting one-fifth of their income. CLICK ON THE HEADLINE FOR MORE
Getting informed is key to battling information overload and fatigue when in the market for a property investment. So what should you consider when looking for properties to put money into? CLICK ON THE HEADLINE FOR THE BEST TIPS FROM MEMBERS OF THE FORBES REAL ESTATE COUNCIL
With robo-advisers and financial blogs, is there a need to hire a human for help with your money? Most experts agree, yes. CLICK ON THE HEADLINE TO LEARN WHEN