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Getting married this summer? Be aware of the tax issues that come along with marriage. The IRS offers the following reminders. Name change. The names and Social Security numbers on [...]

Exerts from an article by Rachel L. Sheedy on MSN Money If you are thinking about retirement, the following may keep you from it. You're not saving in a retirement [...]

Summer is a common time to put a home on the market. If you’re among those who are following this trend, it’s important to be aware of the tax consequences. [...]

Restricted stock is stock that’s granted subject to a substantial risk of forfeiture. Income recognition is normally deferred until the stock is no longer subject to that risk or you [...]

1. Your expenses must be for the care of one or more qualifying persons. 2. Your expenses for care must be work-related.  Which means you must pay for the care [...]

In general, when meal and entertainment expenses are incurred in the context of an employer-employee or customer–independent contractor relationship, one party will be subject to a 50% limitation on the [...]

Major events like hurricanes, tornadoes and fires can strike any time. It’s a good idea to plan for what to do in case of a disaster. You can help make [...]

First and foremost, don’t take a lump-sum distribution from your old employer’s retirement plan. It generally will be taxable and, if you’re under age 59½, subject to a 10% early-withdrawal [...]

IRS.gov offers tips explaining withholding to your student. Here are a few important tips to help explain withholding and tax information. 1. Don’t be surprised when your employer withholds taxes from [...]

The passing of Memorial Day marks the beginning of summer in the minds of many Americans. Although the kids might still be in school for another week or two, summer [...]

If you’re considering donating a property to charity, here are three potential tax traps you need to be aware of: If you donate real estate to a public charity, you [...]

Exerts from an article on msn.com A marital split, divorce or remarriage can have long-lasting ramifications when it comes to your retirement benefit. Most retirees are uninformed about how Social [...]

Exerts from IRS Tax Tip-  irs.gov For many people, out of sight out of mind is the rule of thumb once they have filed their tax return. However, there’s no [...]

Health care Flexible Spending Accounts (FSAs) allow employees to redirect pretax income to an employer-sponsored plan that pays, or reimburses them for, qualified medical expenses not covered by insurance. A [...]

  Use an account with tax benefits. Remember, not all savings accounts are the same.  Putting your retirement fund in a high-yield account or CD isn’t enough.  Look for specific [...]