Last June the Supreme Court ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes.
Review your tax situation now so you have some idea what tax bracket you will fall into this year.
To be eligible for the long-term capital gains tax you must have held the asset for at least one year.
There are some decent tax breaks available for self-employed individuals.
No one wants to hear about year-end tax planning right now, but with a bit of effort you could save some real money.
Kids need to understand money and how we as adults get it into our hands.
Gifting can be an estate planning tool so you can save on future estate taxes and have the pleasure of watching those dollars work for your children or grandchildren while you are still alive.
If you have not done any retirement planning, tomorrow, as everyone is seated around the table, decide which kid you want to live with…This is Plan B.
Talking to your mom about awkward subjects won’t be easier just because you are now grown up.
During Thanksgiving, most families would much rather talk about the Patriots than their finances.