Accidentally Disinheriting Heirs
By failing to make our update your Will, you may be accidentally disinheriting your heirs. Learn more in this Financial Tip.
Holiday Research Report
Before you make an investment in Holiday Cheer, tax Dr. Gene’s advice: “Always do your homework.” Hot Chocolate, Jingle Bells, Fruitcake, Wrapping Paper, Poinsettias and the Times Square Ball Drop—See how these have changed over time.
Tips to Avoid Tax Penalties for 2014
Don’t forget what comes right after the holidays: tax season! Avoid potential penalties on your return with these tips. Read all about it in this Tax Tip.
Income In Respect of a Decedent
Income in respect of a decedent is taxed on the estate’s income tax return, or passed through to the beneficiary, to be taxed on the beneficiary’s income tax return.
IRS Announces 2015 Standard Mileage Rates
Despite lower gas prices, the IRS is increasing the standard mileage rate for 2015. We list them in this Tax Tip.
Trusts: Providing for Family and Donations
A way to provide for your family and help a non-profit organization is to establish a charitable trust. We explain in today’s Marietta Daily Journal. Read the Article
Year-End Planning Strategies to Lower Your Taxes
Dreading your 2014 taxes? We have a checklist of strategies that might help you save on taxes before year-end. Read more in this Tax Strategist.
Year-End Charitable Giving
If you itemize deductions on your income tax return, you can generally deduct your gifts to qualified charities. Learn more in this Tax Tip.
Importance of Timing a Roth IRA Conversion: An Example
We don’t time the market, but we do time Roth IRA conversions to minimize your tax liability. We explain in this week’s Financial Tip.
Give Your Gift to Charity, Not the IRS
Charitable donations can reduce your tax liability. However, if you donate appreciated stocks, you can also avoid capital gains taxes.