Latest From the Blog
Tax Tip of the Week | No. 328 | The Future of Retirement Planning - Part 1
We are going to run a three-part series of articles written by Wealth Management. Com. Several legislative changes are on the horizon that will impact everything we know about retirement planning.
Tax Tip of the Week | No. 327 | Expired Tax Provisions: No Relief in Sight?
For the last several years, taxpayers have faced great uncertainty determining whether they can depend on tax incentives to help them lower taxes. These have become known as the “51 Tax Extenders”. Last December, Congress extended most of these provisions for one year retroactively to the beginning of 2014, but not going forward, so they expired again at the end of 2014.
Tax Tip of the Week | No. 326 | Finish the Year with Effective Tax Planning
The fourth quarter is often make-or-break time in sports. Likewise, tax-cutting steps you take in the last three months of the year can transform a financial plan into a bona fide winner.
Tax Tip of the Week | No. 315 | Make the Most of RMDs
When a person reaches age 70.5, and they have an IRA account, they must start taking Required Minimum Distributions (RMD) annually.
Tax Tip of the Week | No. 312 | Casualty Loss Deductions
Living in the Midwest comes with plenty of perks. One of these perks is experiencing every season: gorgeous Autumns, frosty Winters, serene Springs, and blistering Summers. Unfortunately, Midwesterners also know severe weather all too well.
Tax Tip of the Week | No. 310 | The Nanny Tax
Now that the school year has ended, it is time to consider child care during the summer months.