Accidents can be rare but devastating, and you could be held legally responsible if someone is injured on your property. Is your umbrella big enough? Standard liability policies may not be sufficient to protect your assets in a high-dollar judgment.
The IRS defines a real estate professional with strict criteria, and understanding these qualifications can lead to significant tax benefits. Achieving this status requires diligence but can significantly impact your financial landscape. Learn more about how you can benefit!
The national median price of existing homes hit a record $407,600 in April 2024, despite high borrowing costs. Learn about the key factors influencing these contrasting markets and their impact on the broader economy.
Adoption is a beautiful journey, but it can also be financially demanding. To help, the U.S. government offers an adoption credit, designed to offset costs like adoption fees, court costs, attorney fees, and more.
Navigating pension payout options can be complex, especially when considering your spouse’s future. If you have a traditional pension plan, understanding the benefits of a single-life annuity versus a QJSA is crucial.
The Kiddie Tax applies higher rates to unearned income of certain children under 19, or under 24 for full-time students. Learn how to navigate these rules, maximize tax benefits, and plan effectively for your family’s financial future.
With new vehicle prices averaging over $48k and rising interest rates, should you buy or lease? We cover points you should consider.
While most pet expenses aren’t tax-deductible, there are some exceptions for service animals, guard dogs, fostering, and professional breeders.
Big news for college savings and retirement planning! Starting in 2024, you can roll over extra funds from a 529 plan into a Roth IRA for the same beneficiary. Compare the key features of these two tax-advantaged accounts to see which might be best for your family’s future.
Many states have applied for or have received optional early funding to jumpstart their home energy rebate programs. Rebates are expected to be available in some states starting in 2024.
