Choosing Your Life Insurance Most people have life insurance for financial protection until the kids are grown, the house is paid off and they’ve got enough savings to protect...
Is Gifting a Taxable Event? Taxpayers often wonder whether gifts of cash, assets or property are taxable. The short answer is that generally they are not: The IRS allows...
What To Know About Closing a Business Have you decided to close your business? It’s time to voluntarily dissolve your business of operation. The process starts with you filing...
Deciding When To Take Social Security As you approach retirement age, you may wonder when you should elect to receive Social Security. How much you receive is based both...
Tax Tips for Marriage Status Changes The IRS generally considers whether you’re married, separated but not legally separated, or divorced at the end of the year. Marriage status is...
Withdrawing Emergency Funds From Your Retirement Account It is still generally a poor idea to tap into your retirement funds except in extreme circumstances. For that reason, the IRS...