After years of saving, you've built up a solid savings fund in your tax-supported retirement accounts. However, you cannot leave this money untouched indefinitely. After reaching...
Posted by James Financial Services Inc on 06/24/2022
The real estate planning world, the financial planning world, and parliamentarians considered several significant estates and gift tax changes at the end of 2021. The Biden administration...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/10/2022
Donations to qualified charities are tax-deductible and can reduce your taxable income, which can help you reduce your tax bill. You may need to itemize your tax deductions in detail...
Posted by Pat Raskob on 04/17/2022
The charitable contribution deduction has been one of the most widely used and cost-effective tax reductions available to U.S. taxpayers for many years, with nearly 37 million taxpayers...
Posted by BEST FINANCIAL GROUP LTD on 04/09/2022
Is Volunteer Work Tax Deductible?You volunteered because you care about your community and want to find a meaningful way to help others. But did you know that doing volunteer work...
Posted by Abundant Wealth Planning LLC on 03/31/2022
Not-for-profit organizations do not make a profit for their owners. Any money earned or donated to a nonprofit organization is used to promote the organization's goals and keep...
Posted by James Financial Services Inc on 03/31/2022
Do you have cryptocurrencies? Maybe you bought BTC when it cost $1 and decided to sell it this year and make a big profit from it. Or maybe you joined the latest revolution and bought...
Posted by BEST FINANCIAL GROUP LTD on 03/31/2022
Marriage can affect taxes in several ways. While everyone's situation is different, certain marriage tax benefits help you pay less tax. In addition, they will have tax options...
Posted by Taxes Made EZ Inc on 03/24/2022
Do you have an old vehicle that you no longer use?If so, one option to dispose of it is to donate it to a charity. Depending on the needs of the charity and the type of vehicle you...
Posted by Abundant Wealth Planning LLC on 03/10/2022
