Family and Taxes
Tax tips for newlyweds from five experts
Not paying attention to how marriage changes your tax picture can hit newlyweds in the bank account for years after a wedding. NEW YORK…
Can The Windfall Tax Affect You?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_Windfall_Tax_Impacts.mp4"][/video] The windfall tax is deceptively simple. When you receive a windfall — whether it’s an inheritance from a relative, winnings…
Tips on handling alimony at tax time
The deduction for alimony is not limited to support payments. NEW YORK (MainStreet) — If you are paying alimony you may be able to…
How and why your 401(k) is changing
Employers are getting smarter about how they run retirement plans. They are making some moves that are good for younger workers, including automatically enrolling new…
Tax Tip: The head of household loophole you won’t want to use
One spouse in a married couple filing separate returns can file as 'Head of Household,' but the trick isn't a pleasant one. NEW YORK…
Choosing a beneficiary for your IRA or 401(k)
Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of…
Q&A: What is a life insurance trust and why should I consider establishing one?
A life insurance trust is a trust that has the power to purchase life insurance policies on the person who establishes the trust (the grantor),…
Tax Credits
What Are Tax Credits & How Do They Lower Your Tax Bill? Tax credits can help reduce your liability dollar-for-dollar. That being said, they generally…
