Americans are a generous people. Many support charitable organizations that enhance their communities and enrich their personal lives. In addition to giving wisely to nonprofit groups, it’s important to anticipate Continue Reading →
In 2016, The Internal Revenue Service stopped 787,000 confirmed identity theft returns, totaling more than $4 billion.* Whether you self-prepare or hire a professional to file your taxes this year, Continue Reading →
The number of Americans covered by high-deductible health plans (HDHPs)/health savings accounts (HSAs) rose to about 19.7 million in 2015 — up from 17.4 million in 2014. On average, enrollment Continue Reading →
[row] [column lg=”4″ md=”4″ sm=”12″ xs=”12″ ][/column][column lg=”8″ md=”8″ sm=”12″ xs=”12″]Health savings accounts (HSAs) are tax-preferred savings accounts set up in conjunction with high-deductible health insurance policies that are used Continue Reading →
From NY Times, byBy ANN CARRNS MAY 8, 2015 The income tax filing deadline is, thankfully, receding on the calendar. And while most people would prefer to move on to Continue Reading →
Early last year the U.S. Tax Court ruled that the “one-per-year” IRA rollover rule applies to all of an individual’s IRAs, in aggregate, not to each separately. The IRS has backed Continue Reading →
Good news for savers!! The IRS has released the cost-of-living adjustments affecting dollar limitations for defined contribution and defined benefit retirement plans. The table below compares both the retirement plan Continue Reading →
Even with the Affordable Care Act taking effect last year, health care costs continue to mount. According to a recent study, the average health care premium rate rose 3.3% from 2012 Continue Reading →
The alternative minimum tax (AMT) was originally created as a fallback tax for wealthy taxpayers who avoided regular taxes by claiming many exemptions and deductibles. Now, however, more individuals are Continue Reading →
The IRS has released the cost-of-living adjustments affecting dollar limitations for defined contribution and defined benefit retirement plans. The table below compares both the retirement plan and health insurance plan Continue Reading →