Tag Archive for: professional advice
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
Financial Lessons From The Pandemic
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
In Coronavirus Economy, Financial Advisers Telling Clients These Three Key Things
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
Smart Tax Strategies Can Boost Your Investments
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