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Taxes
Who Is Eligible for the Earned Income Tax Credit (EITC)?
The earned income tax credit can provide substantial financial benefits for low-income working individuals and…
Golden Bachelor Wedding Sparks Conversations About Gray Divorce And Its Financial Consequences
On Jan. 4, 2023, 72-year-old widower Gerry Turner and star of ABC's "The Golden Bachelor"…
Why You Might Want To Choose A Used EV Tax Credit Over A New One
Since 2023, qualified used electric vehicles have been eligible for a federal tax credit for…
Don’t Wait Until The Tax Cuts And Jobs Act Expires To Do Your Estate Planning
Working with estate planning attorneys can involve a lot of emails projecting doom and gloom…
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
There is an onerous issue plaguing the tax community. Some tax professionals have been advising…
How Capital Gains Tax on Home Sales Works
If you sell your home for a profit, the IRS considers this a taxable capital…
Treasury Secretary Yellen Indicates U.S. Will Not Support Global Billionaire Tax
The world’s ultra-rich should pay more in taxes. That’s the crux of a proposal by…
What Are the Tax Consequences of Inheriting a CD?
If you inherit or plan to bequeath a certificate of deposit (CD) as part of…
Don’t Roll Over RMDs To Other Retirement Accounts
Some retirees continue to make a key mistake with required minimum distributions, and that could…
Copilot+ PCs Could Be A Privacy Nightmare For Professionals
On a May 20th event on Microsoft’s Microsoft campus, the Redmond, Washington company introduced Windows…
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
The IRS will extend the Free File program through October 2029, following an agreement to…
In Terrorem Clauses In Estate Planning
Disinheriting a child or family member from one’s estate plan can be one of the…
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