How are trusts taxed?What do you do when you want to set up funds for your children, grandchildren, or even yourself for a medical emergency, but you don't know how to go about...
Posted by Dennis Jao on 07/16/2021
Income from fundraising is not considered a taxable source of income by the IRS. Tax fundraising laws define donations as gifts, which recipients do not have to report on their tax...
Posted by Flynn Financial Group Inc on 05/29/2021
Same sex marriage is one of the hottest issue for years now. People are fighting for equal rights and protection, fighting for social recognition and to make relationships legal. Civil...
Posted by John Pournaras Agency on 06/18/2018
When it comes to saving for the future of a disabled child or family member, family can often be limited in their options. However, the government has created a savings account that...
Posted by Richard Holbrook, MBA on 08/27/2016
While many of us try to avoid thinking about the time when we will no longer be with our loved ones, there are still important aspects to taking the time to set out both our will and...
Posted by James Carroll on 04/07/2016
When you have a child with special needs, there can be plenty of concern regarding their care when the parents or other family members are no longer able to care for that child, due...
Posted by Patrick O'Hara, EA on 03/23/2016
For parents with children who are disabled under the age of 26, there is a relatively new opportunity for tax-deferred savings, known as the Achieving a Better Life Experience Act...
Posted by Zebulon Tax Advisory LLC on 02/06/2016
While future expenses might be a source of concern for families with disabled dependents, the Federal government offers another savings option, known as the Achieving a Better Life...
Posted by Reed's Tax Service LLC on 02/06/2016
If you’ve recently gotten married, it can mean some big differences for you during tax season. Your Federal Taxes, as well as your Illinois State Taxes, can be greatly affected...
Posted by W.E.D. TAX & ACCOUNTING S on 01/27/2016
