How to Maximize Deductions for Assisted Living

Make the Most of Your 401(k) Plan August 21,  2019 Start Early. A 25-year-old employee who saves $300 a month will accumulate over $1 million by age 65 (assuming an 8% annual rate of return). By waiting ten years and still investing the same amount ($300 a month),...

Make the Most of your 401(k) Plan

Make the Most of Your 401(k) Plan August 21,  2019 Start Early. A 25-year-old employee who saves $300 a month will accumulate over $1 million by age 65 (assuming an 8% annual rate of return). By waiting ten years and still investing the same amount ($300 a month),...

9 Tax-cutting Strategies for Individuals

9 Tax-cutting Strategies for Individuals August 16,  2019 1. Maximize Deductions. If you find you’re not able to use all of your itemized deductions these days, you’re not alone. Several of the deduction categories must meet thresholds before you can take...

avoid the pitfalls of selling property to family

Avoid the Pitfalls of Selling Property to Family August 13,  2019 Suppose you own property you intend to transfer to your loved ones. Perhaps you are considering giving your children an ownership interest in your principal residence. Before you act, you should review...

Smart Tactics to Manage Student Debt

Smart Tactics to Manage Student Debt August 8,  2019 According to the Federal Reserve, U.S. student loan debt is now $1.5 trillion with more than 44 million borrowers. Only mortgage debt currently has bigger numbers among types of consumer debt. Even worse, more than...

5 Surprising Taxable Items

5 Surprising Taxable Items August 5,  2019 Wages and self-employment earnings are taxable, but what about the random cash or financial benefits you receive through other means? If something of value changes hands, you can bet the IRS considers a way to tax it. Here...