While the emotional and financial aspects of caring for a loved one can be overwhelming, the cost of such care may be deductible as a medical expense. We explain in this week’s Tax Tip.
If you haven’t started investing towards a long-term goal because you’re worried about short-term market volatility, consider using this popular investment strategy. Read all about dollar cost averaging in this week’s Financial Tip.
A secular trust can provide assurance that your nonqualified deferred compensation plan benefits will not be at risk. We explain in this week’s Business Tip.
April 15th may be long gone, but the IRS is still sending out audit letters. We explain what you need to do if you receive one in this week’s Tax Tip.
Excess benefit plans allow employees who participate in a qualified plan to exceed the contribution limitations. Learn how in this Business Tip.
So many life events provide tax-planning opportunities. See if you need tax help in this week’s Tax Tip.
Comparing similar life insurance policies? Consider trying the cost index method and the surrender cost index method. Read all about it in this week’s Financial Tip.
Receiving money from a C corporation? The method used to make the distribution determines your tax consequences. Learn more in this Business Tip.
Have deferred compensation? Do you know when it is subject to income tax? Find out in this week’s Tax Tip.
The income replacement approach assumes the goal of life insurance is to replace the lost earnings of a breadwinner. Read more in this week’s Financial Tip.