Keep More of Your Money: Top 12 Tax Strategies for the High-Net-Worth
Finance, Finance Tips, Financial PlanningHigh-net-worth individuals face unique challenges in managing their wealth, particularly when minimizing tax liabilities. Our firm offers expert guidance that will help you keep more of your money year after year.
Whether you own rental properties…
Think Twice Before Tossing: The Critical Timing for Disposing of Your Tax Records Safely
Finance Tips, Financial Planning Article Highlights:
Why We Keep Records
Audit Defense
Amending Returns
Claiming Refunds
Tax Basis
Duration for Keeping Tax Records
Federal Statute of Limitations on Tax Refunds
Tax Return Omissions
Indefinite…
Tax Facts about Claiming Tax Benefits for Childcare Expenses
Deductions, Financial PlanningArticle Highlights:
Credit For Childcare
Credit Percentage
Child Qualifications
Employment-Related Expense
Taxpayer Earnings Limits
Full-Time-Student or Disabled Spouse
Qualifying Care
Other Facts and Issues
Tactic…
Secure Your Child's Financial Future: The Importance of Establishing Custodial Accounts Early
Finance Tips, Financial PlanningAs parents, ensuring the financial security of our children is paramount. One effective tool for this is a custodial account, a financial mechanism designed to hold and protect assets for minors until they reach adulthood. In this article, we…
5 Essential Personal Finance Tips Every Millennial Should Know
Finance, Finance Tips, Financial PlanningAs Millennials continue to navigate their financial journeys, understanding key tax and personal finance topics is crucial for achieving long-term prosperity. In this article, we'll explore some of the most important issues facing Millennials…
Financial Resolutions: A Guide to Kickstart Your Best Money Year Yet
Finance Tips, Financial Planning, SavingsA guide to kickstart your best money year yet.
This article will guide you through essential financial resolutions to set the tone for your best money year yet.
As the calendar turns to a new year, many of us reflect on the past and set…
Financial Planning for All Ages
Finance Tips, Financial PlanningAre you wondering where the world economy is going and how your personal finances will stand up to the changes? If so, you are not alone. Part of the fun of being on this planet is planning for the future even when it’s not clear what…
Are You an American Living Abroad? Here Are the Essential Tax Facts to Consider
Financial Planning, Foreign Taxes, Tax PlanningIt can be logical to assume that because you've moved out of the country, you no longer have to pay taxes on any money you earn. It can be logical... but it is also incorrect.
Nearly all United States citizens must file a Federal Tax Return…
Are You Caring for a Disabled Family Member? Read This.
Financial Planning, TaxesArticle Highlights:
Caring for Disabled Family Members
Qualified Medicaid Waiver Payments
Exclusion Qualifications
Mandatory Exclusion
Earned Income
Earned Income Tax Credit
Tax Court Ruling
Many taxpayers prefer…
If You Want to Maximize Your Social Security Income, You Need to Start Planning Now
Financial Planning, RetirementAccording to one recent study, about 27% of people in the United States between the ages of 55 and 67 years old have less than $10,000 saved for retirement. If you needed just one statistic to outline how important it is to plan ahead when you're…