October 2
What’s the deal with Trump’s taxes?
To pay less in taxes, sources of income matter. The president seems to have all the right sources, and plenty of losses to knock out that income
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September 25
Why Joe Biden’s 401(k) plan could spur Roth contributions
The Democratic presidential nominee would convert retirement savings tax deferrals to tax credits
September 14
Biden tax proposals mean bigger bills for millionaires
The Democratic presidential candidate's plans would have little effect on the taxes paid by those earning less than $400,000 a year
July 17
Rich Americans donating more to charity
The pandemic has encouraged owners of donor-advised funds to put to use some of the charitable dollars they've stockpiled
July 10
Working from home won’t get you any tax breaks
The 2017 tax law eliminated the federal write-offs previously allowed for unreimbursed business expenses and home offices
June 19
Donations to charity rose last year
Americans gave nearly $450 billion in 2019, with 69% of that coming from individuals
May 22
Roth conversions pick up amid expectations that taxes will rise
The stock market declines help by shrinking the value of accounts, as well as the tax bill for converting assets
May 15
College refunds and 529 plans
To avoid tax consequences, parents should consider putting partial refunds back into 529 accounts or applying the funds to fall tuition
May 8
All the ways tax season is different this year
Pushed-back deadlines for filing and paying, a one-time charitable deduction and the ability to make use of business losses are among the modifications to be aware of
May 1
Rich Americans grab historic chance to pass on wealth tax-free
The rates the IRS sets for estate planning purposes have never been as low as they are in May
April 24
For charitable givers, CARES Act offers big tax breaks
The coronavirus recovery bill allows for the full deduction of donations up to your adjusted gross income
April 10
Wealthy win, low-wage earners lose in tax filing extension
The postponement of the tax deadline is likely to provide some higher-income taxpayers with interest-free loans on their tax bills
April 3
Some stimulus checks may not arrive until September
The IRS should be able to make direct-deposit payments in about three weeks, but it will take the agency much longer to mail out paper checks
March 27
More people want to write a will, forcing lawyers to improvise
The need for social distancing has some clients signing documents in a parking lot, while others do the paperwork remotely via teleconferencing
March 6
Heirs of ultra-wealthy can profit when markets plunge
The stock sell-off and plunging interest rates are benefiting grantor retained annuity trusts
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Investing, financial planning and wealth management strategies for today’s “New Normal” economic environment.