Author: News Room
Inheriting a retirement account can be complicated.With a retirement account that you opened, you’re referred to as the original owner.…
When you donate noncash items—such as artwork, vehicles, clothing or other property to a qualified charitable organization, you must report…
Dependents can change everything.When it’s just you, or you and a partner, you have more room to adapt financial plans…
Form 8396 is used to claim the mortgage interest credit. This is a nonrefundable federal tax credit available to certain…
Social Security benefits provide essential income for millions of Americans. However, there can be a reduction in benefits if your…
An 83(b) election lets individuals who receive restricted stock or stock options pay taxes on the value at the time…
Whether $400,000 is enough to retire at 65 depends on your expenses, other income sources and how long you expect…
If you use your personal vehicle for business or other specific needs, you may be eligible to claim the standard…
If you plan to retire at 60, you’ll need a clear picture of your future expenses and a solid plan.…
When comparing California vs. Florida for taxes, the absence of a state income tax in Florida often draws attention. However,…