by Christine | Dec 15, 2011 | Charitable Giving, Estate Planning |
Is using a third party a better way to donate your charitable dollars? There has been a lot of interest this year in “donor-advised funds (DAF),” as a savvy tool for charitable giving. As we head further into the season of giving (and, with it, year-end tax planning),...
by Christine | Dec 14, 2011 | Long Term Care Insurance |
Can a tax deduction help you afford long-term care insurance? If you’re buying it as an individual, maybe. If you’re self-employed and buying it through your business, absolutely. With the death of CLASS, the would-be first public option long-term care insurance...
by Christine | Dec 13, 2011 | Social Security, Supplemental Security Income |
The Social Security Administration (SSA) has recently changed the 11-1p rule that previously allowed multiple filings for benefits. This updated rule will have a potentially dramatic effect on anyone who wishes to file a subsequent application for benefits relating to...
by Christine | Dec 12, 2011 | Estate Planning, Individual Retirement Accounts (IRA), Tax Planning |
A larger share of people's savings is winding up in IRAs—even as estate-tax rules are getting trickier and the markets are growing more volatile. All of this is making life more complicated for widows and widowers, and could cause them to make significant mistakes...
by Christine | Dec 9, 2011 | Estate Planning, Tax Planning |
Epic failure in Washington is causing epic uncertainty for taxpayers. Recently Congress's special 12-member deficit-cutting committee failed to agree on even a broad outline for addressing the U.S.'s fiscal woes. It marked the third year in a row that...
