Disabled family members may be able to benefit from ABLE accounts
August 16, 2023
Family members often want to help disabled loved ones financially but don’t want them to lose eligibility for their government benefits. A tax-advantaged ABLE account may be the answer.
Can you deduct student loan interest on your tax return?
August 8, 2023
If you are resuming student loan payments soon, be aware that interest is deductible for some borrowers subject to certain limits. Here are the rules.
Pocket a tax break for making energy-efficient home improvements
August 2, 2023
Have you heard there’s an enhanced tax credit for making energy-efficient home improvements, beginning this year? Here are the rules.
The advantages of using an LLC for your small business
July 31, 2023
You can operate your small business in several ways. For example, your entity can be a sole proprietorship, an S corporation or a partnership. Here are the advantages of operating as a limited liability company (LLC).
Moving Mom or Dad into a nursing home? 5 potential tax implications
July 25, 2023
Nursing home care is expensive. However, there may be tax breaks if your parent is moving into one.
A tax-smart way to develop and sell appreciated land
July 24, 2023
There may be a way to reduce a large tax bill if you own appreciated land that you want to subdivide and develop for sale. Here’s a three-step strategy.
