Back to school: Time to spend or save?
August 14, 2019
Families will spend record levels as their children head back to school this year. But the school season may also be a time to focus on saving.
Latest
Proposed bill represents landmark changes to retirement savings
The Senate is considering a bill that represents the most comprehensive changes to retirement savings since the Pension Protection Act of 2006.
The IRS is revising Form 1040 again
Less than a year after restructuring tax Form 1040, the Internal Revenue Service (IRS) is changing the document again.
Create a checklist for when a family member passes away
Most families do not want to think about losing a loved one. But creating a checklist for family members may help them navigate a difficult situation.
Certain trusts may help lift the weight of a state tax burden
With tax deductions limited under tax reform, taxpayers in high-tax states may consider using incomplete non-grantor trusts to plan for state income taxes.
Strategies to preserve step-up in cost basis under new tax landscape
The focus in estate planning has shifted to income taxes, including strategies for the step-up cost basis, a planning consideration to manage capital gains.
Same-sex couples face challenges in financial planning
While progress has been made on marriage equality, same-sex couples may continue to face obstacles to saving and other financial planning issues.
Is the stretch IRA doomed?
With sweeping retirement legislation garnering massive support in Congress, concerns about the future of the stretch IRA have resurfaced.
More colleges offer tuition deals for out-of-state students
Some families that once felt that they had no control over college costs, are finding that many colleges offer tuition deals.
Preserving open space may deliver a tax break
Land designated with a conservation easement, including preserving open space, can offer tax advantages to a property owner.