Want to Leave Your Kids an Inheritance? They May Only Have 10 Years to Take it.
The Secure Act, which was signed into law in December 2019, brings about several major changes to the retirement system. One such shift marks the end
Category: Tax & Estate Planning
Should I Put My Assets in a Trust?
Choosing whether to fund a trust with your assets is an important decision in the estate planning process. Since a trust is different from a
Calculating How Much Charitable Donations Will Reduce Taxes
How much charitable giving will reduce taxes depends on what you donate. The tax deductions for charitable giving will vary for donations of cash, stock,
What to Do After Receiving an Inheritance
If a loved one has passed and you’re expecting to receive an inheritance, you may have a number of questions about the process; such as
How is an Inheritance Taxed?
If you’re receiving an inheritance you may be wondering about how it will be taxed. The tax treatment will ultimately depend on a number of
Is Airbnb Rental Income Tax-free?
Do you have to pay tax on short-term rental income? Some Airbnb or VRBO income may be exempt from federal tax, but that may not