ConnollySteeleSep 26, 20212 min readIs a Health Savings Account right for you?Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health...
-Sep 22, 20210 min readSelling a home: Will you owe tax on the profit?Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the...
-Sep 13, 20213 min readPlanning for year-end gifts with the gift tax annual exclusionAs we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly...
-Sep 1, 20212 min readDoes your employer provide life insurance? Here are the tax consequencesEmployer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and...
-Aug 19, 20212 min readABLE accounts may help disabled or blind family membersThere may be a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose...
-Aug 16, 20212 min readScholarships are usually tax free but they may result in taxable incomeIf your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and...
-Aug 8, 20212 min read5 possible tax aspects of a parent moving into a nursing homeIf you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications....
-Aug 1, 20212 min readYou may have loads of student debt, but it may be hard to deduct the interestMore than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If...