The Social Security Administration announced a 1.6 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2020. Here’s what you need to know.
2020 Social Security Changes Announced
read more
Profit & Tax Blog
Donating to Charities? Do it RIGHT!
Donating to charity not only helps others, it can reduce your tax bill — but only if the charity qualifies as a tax-exempt organization. Here’s how to find the right charity.
Cash in on 0% Capital Gains Tax Rate
This tax break has been around for more than a decade and comes into play more often than you may think. Here is what you should know.
Social Security Planning Starts Now
Although you won’t become eligible for Social Security until your 60s, there’s a lot you can do to prepare before then. Here’s a rundown of steps you can take during each decade of your life.
Understanding Tax Terms: Health Savings Accounts (HSA)
Medical expenses, in one form or another, are unavoidable. Fortunately a health savings account (HSA) is a great way to cut your spending on medical expenses. Read on for details.
Tax Breaks for Adult Students
Adult students may qualify for several tax breaks. Here are four possible options.
Lower This Year’s Tax Obligation
Now is a good time to assess your current situation and address those lingering tax moves that may improve your tax picture for 2019. Read on for some points to consider.
Reminder: Third Quarter Estimated Taxes Due
If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES.
Leveraging Gift Rules to Your Advantage
There are opportunities to leverage this tax law without creating a tax problem when gift giving. Read on for details!
Municipal Bonds: An Investment with Tax Breaks!
Everybody likes getting something for free, and taxes are no different. Investing in securities like municipal bonds or municipal bond funds generates tax-free interest income. Here is what you need to know.
