CAUTION: This column was written in 2016 and has been updated for 2019. You may reader comments below from earlier years.
In another post I discussed how much someone can earn without having to file a federal tax return. I suggest you go back and look at that post first. Then I … Continue Reading
For many people, this may be a great time to kill a traditional IRA. Dismantle it. Take it down. Cash it in. Or at least start that process and save thousands of tax dollars doing it. Especially as we head into the home stretch of the year.
Many of my financial advisor friends … Continue Reading
Vacation property and “second homes” – whether in the mountains or at the beach – present a number of legal and tax planning opportunities.
A little secret: Most of what you'll read here also applies to your residence.
Avoid Probate With A Trust
First, consider probate … Continue Reading
Yesterday Congress passed, and President Obama signed, legislation averting for the time being a trip over the “Fiscal Cliff.” I say “for the time being” because the real slugfest is ahead during the 113th Congress. The deal did very little to address stupendous amounts of debt … Continue Reading