Tag Archive for: professional advice
How To Turn Stock Losses Into Tax Savings, And Other Ways To Trim Your Tax Bill
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There’s not much you can do to stop interest rates from climbing or stocks from falling. Still, you may have more control than you realize when it comes to another financial pain point that can significantly impact your budget — your taxes. For several moves to consider to improve your chances of tax savings, CLICK ON THE HEADLINE
Have You Made These Year-End Tax Moves? Here’s How to Keep More of Your Money
It's already the second week of October so you may want to consider some tactical year-end tax moves to save money. CLICK ON THE HEADLINE FOR MORE
How to Talk to Your Aging Parents About Their Finances. And Why It Matters Now.
As parents age, there’s a need to ensure they are on solid financial footing. It’s also important to know what resources you might expect to inherit someday for your own planning purposes. CLICK ON THE HEADLINE FOR MORE
What to Know About IRS Unemployment Refunds
With federal enhanced unemployment benefits soon running out, you may soon have some unanticipated money heading directly to your bank account or mailbox. No, not a fourth stimulus check, but a tax refund on 2020 unemployment benefits. FOR A BREAKDOWN ON EVERYTHING, CLICK ON THE HEADLINE
Couples May Score A Bigger Tax Break With This Flexible Spending Account Strategy
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
Estate Tax Changes May Be Coming… Are You Ready?
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