Certain wealth transfer could require the filing of a gift tax return. Some people really like giving gifts and do so any chance they get.
The generous Trump era estate and gift tax exemptions are in countdown mode. According to an article in The Wall Street Journal titled “Estate and
Investing in cryptocurrency can have financial and estate planning impacts. Making investments is a risky business by definition. Even so, stocks and bonds and other
The transfer tax looks a little different in 2022. Taxes are not constant. Sometimes the laws are updated by both the state and the federal
The Prince estate may finally be finding resolution. The death of a celebrity often brings with it a sense of shock. Few people watch a
RMDs are governed by the IRS. The process of levying and collecting taxes involves many people. The IRS is tasked with overseeing the proper payment
A health savings account is a useful tool for medical expenses. Medical expenses are often quite costly. Although insurance can help, it does not often
RMDs can be taken efficiently or inefficiently. Required minimum distributions (RMDs) are essential to traditional IRAs. Because contributions to these accounts are tax-deferred, the government
The estate of Aretha Franklin may owe money to the government. Aretha Franklin certainly had a beautiful voice. Unfortunately, her estate was left in an
Paperwork has a time limit. Or does it? With the beginning of each new year, we look around and wonder what to do with it.
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