Key Retirement and Tax Numbers for 2020
We detail a few of the key adjustments for 2020 that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts.
Choosing an Income Tax Filing Status
There are five tax filing statuses. Choosing the right one can save you money.
Missed Your 2019 RMD? Here’s What to Do
The “Money Talks” experts discuss what you should do if you’ve missed your required minimum distribution for 2019 and how the SECURE Act changes RMDs going forward.
FIRE: Four Things You Need to Know About This Hot Retirement Movement
Curious about this hot retirement trend? While it can lead to an early retirement, it does require careful planning, savvy saving and investing habits, and potentially big sacrifices.
For College Savings, 529 Plans Are Hard to Beat
Raising kids is hard enough, so why not make things easier for yourself when it comes to saving for college?
Year-End Tips for Charitable Contributions
You need to be careful, as scammers out there are pretending to be legitimate charities looking to take advantage of your generosity for their gain.
What Is an IRS Notice of Deficiency?
One minute, you’re minding your own business and aren’t even thinking about that return you filed months ago. The next minute you open your mailbox and see something called a “Notice of Deficiency”—and your anxiety immediately goes through the roof.
The IRS Is Hot on the Trail of Unreported Virtual Currency Transactions
The IRS recently issued letters to more than 10,000 taxpayers whom they suspect have not been properly reporting their virtual currency transactions.
What to Do After the Death of a Loved One
Losing a loved one can be difficult. Despite the emotional trauma involved, you may also be responsible for handling things you have not done before. We walk you through a list of financial, legal, and administrative tasks to consider.
Holiday Gifting with a Tax Twist
While all the holiday gifts you give will cost you money, some might also yield a tax benefit.