This article will help families deal with an important, but too often neglected, reality of estate planning: thinking ahead to what might happen to their children should the parents pass away before they are of age. It includes the discussion … [Read more...] about Probate Orphans: Establishing Guardianship For Minors During Estate Planning
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Wills, Trusts & Dying Without a Will: How They Differ
Most people understand that having some sort of an estate plan is a good thing. However, many of us do not take the first steps to get that estate plan in place because we do not understand the nuances between a will and trust – and dying without … [Read more...] about Wills, Trusts & Dying Without a Will: How They Differ
Common Tax Relief Programs the IRS Offers
The old saying that nothing is certain in life except death and taxes has never been truer, or more frightening. In the current environment, fear of the IRS is creeping in, and nothing will get your heart racing quite as fast as opening the mailbox … [Read more...] about Common Tax Relief Programs the IRS Offers
Prepare for Important Decisions with Advance Health-Care Directives
Imagining how we may die is probably one of the hardest things we will ever have to think about. Yet, if we want our dying to be meaningful and merciful, it is imperative that we think about it while we still can. Most of us want to die at home, in a … [Read more...] about Prepare for Important Decisions with Advance Health-Care Directives
Most Common Tax Deductions for Small Businesses
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted. Knowing which expenses you can deduct helps to lower your tax burden and keep more money in your … [Read more...] about Most Common Tax Deductions for Small Businesses
Four Ways Freelancers and Gig Workers Can Trim Their Tax Bills
It is hard to beat the freedom and flexibility of freelancing and gig work. When you work for yourself, you can set your own hours, turn your home into an office and even ditch the daily commute. … [Read more...] about Four Ways Freelancers and Gig Workers Can Trim Their Tax Bills
Tax Deductions You May Be Eligible for as a Freelancer
Tax season can be a stressful time, especially for freelancers who might owe taxes at the end of the year. It can be overwhelming to look at the tax debt you owe from the profits you have made. … [Read more...] about Tax Deductions You May Be Eligible for as a Freelancer
8 Ways to Get Ready for Tax Season and Avoid a Back Tax Problem
The holidays are here. Not to be a grinch but right around the corner is a less fondly anticipated time of year. Before you know it, you will be taking down the Christmas tree, pulling down the holiday lights and getting ready for the tax season to … [Read more...] about 8 Ways to Get Ready for Tax Season and Avoid a Back Tax Problem
Operation Hidden Treasure: Cryptocurrency And Your Taxes
What Is Operation Hidden Treasure? Operation Hidden Treasure is a joint effort by the IRS Civil Office of Fraud Enforcement and its Criminal Investigation Cryptocurrency has become an incredibly popular way to invest, but the tax side of this … [Read more...] about Operation Hidden Treasure: Cryptocurrency And Your Taxes
Don’t Fall For These 3 Common Estate Planning Myths
Estate planning can be a very difficult process. While it is not brain surgery, making the decision to move forward with an estate plan requires us to face the fact that we will not live forever. This thought stops many people in their tracks. Others … [Read more...] about Don’t Fall For These 3 Common Estate Planning Myths