It takes compassion to care for a disabled family member. It also takes time, which can affect the family’s household finances. That’s the conclusion of the 2020 National Disability Institute report “... more
If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far -- yo... more
Are you getting married soon? Or have you recently exchanged vows? Amid all the wedding-related details, have you thought about your changing tax status?... more
When I was speaking with a trusts and estates lawyer a few weeks ago, alongside a mutual client, the subject of "unexpected" inheritances came up. The lawyer mentioned that a client of hers unexpected... more
If you don't participate in a 401(k) plan at work because one isn't offered, why should you read this column? I'll admit I have a prejudiced view. I believe you can help others in your circle of frien... more
Do you have a favorite cause or a favorite charity you support, either through volunteering or donating funds? Or, perhaps you have a vision for more than you see being done, a vision for more than th... more
When it comes to retirement, there may be many plans for your future: traveling, spending more time with family, and pursuing new hobbies or devoting more time to current ones.... more
If you receive a letter from the IRS or are the subject of an examination or an audit, it helps to know the rules of the road. You'll find them in the Taxpayer Bill of Rights, published in IRS Publica... more