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Tax Season is Here: Big IRS Tax Changes to Know Before You File
Tax Filing Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.
'Tis the Season for Charitable Giving's Many BenefitsGiving to charity can bring together multiple generations during the holidays to learn about the family’s values. And, of course, there are tax breaks…
SECURE 2.0 Act Summary: New Retirement Plan Rules to Know
Retirment Plans The SECURE 2.0 Act makes significant changes to retirement savings plans. Here's what you need to know.
By Kelley R. Taylor Last updatedRetirment Plans
How to Prepare for Upcoming Estate Tax Law ChangesHigh-net-worth families have time to take advantage of higher estate and gift tax exemptions before they’re significantly reduced if provisions of the Tax Cuts and Job Act are allowed to sunset.
By Tracy Craig, Fellow, ACTEC, AEP® Published
Three Key Elements of a Solid Retirement PlanA good plan isn’t just about the size of your nest egg. It’s also about how you manage these three things: taxes, investment strategy and income planning.
By Scott Noble, CPA/PFS Published
How the EV Tax Credit Works
Tax Credits The new EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
By Kelley R. Taylor Last updatedTax Credits
Michigan Tax Credit Checks: Who Qualifies and What to Expect
State Tax Michigan tax credit checks will soon be on the way thanks to a law that becomes effective in early 2024. Will you get one?
By Katelyn Washington PublishedState Tax
Two Five-Year Rules for Roth IRAs
Kiplinger Tax Letter It’s vital to know when the five-year clock starts for tax-free and penalty-free earnings.
By Joy Taylor Last updatedKiplinger Tax Letter
529 Plan Contribution Deadlines
529 Plans Many states have year-end deadlines for making 529 college savings plan contributions.
By Kelley R. Taylor Last updated529 Plans
How Charitable Donations Can Reduce Your Taxes
Tax Breaks Is claiming a charitable donation tax deduction the right choice for you this tax season?
By Rocky Mengle Last updatedTax Breaks
Taxable Income: What It Is and How to Calculate It
Income Tax Understanding taxable income can help reduce tax liability.
By Katelyn Washington PublishedIncome Tax