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

As we step into 2025, millions of Americans are set to experience a notable change in their Social Security benefits. The Social Security...

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....

The holiday season is customarily a time of giving gifts, whether to your favorite charity, family members or others. Some gifts have tax...

Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced your...

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...

The kids are back in school! Things like student loans, scholarships, and fellowship grants can play a role in parents’ and college...

Strategies for physicians to provide legitimate means to substantially mitigate tax liabilities while adhering to the boundaries of the law.

Expanding your family? Whether you’re in the planning stages or your bundle of joy has already arrived, raising a child is one of life’s...

If you list your property on Airbnb, you know it has been a remarkable boon for property owners looking to earn income from their...

People generally assume that tax planning only applies to individuals with the big bucks. But think again, as some tax moves benefit...

If you sold your home this year or are thinking about selling it, there are many tax-related issues that could apply to that sale. To...

Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply unaware of the penalties or the possible...

Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can...