tax

Preserve Your Own Retirement Nest Egg While Providing Care for a Loved One

Care and Costs are two sides of a coin when it comes to taking care of your loved one. Increasing expenses may cause pressure even to the ones with strong financial background. You may need help from a few expertly approaches to restructure and balance the scenario, in order to avoid depleting your own retirement fund.

It Came From Under the Ground!

It Came From Under the Ground!

The push for postcard taxes, along with the push for a so-called “flat tax,” are steps towards a bigger goal to eliminate the IRS entirely. But here’s some more uncomfortable reality. Even if we did have a postcard-sized flat-tax form we’d still need someone in Washington to administer it. We’d still need collections officers to chase down the people who don’t pay it. And we’d still need tax cops to catch the people who cheat on it. Much as we love to hate the IRS, it’s not going anywhere soon.

Here's to Your Health!

Here's to Your Health!

The Personal Health Investment Today (“PHIT”) Act would let you take medical deductions for general fitness expenses: gym memberships, exercise classes and personal trainers, sports and fitness equipment, and even pay-to-play school sports fees and race registration fees. (That’s right, your local Thanksgiving “Turkey Trot” 10k will be deductible!)

Quit Your Whining

This year’s 4/15 deadline has been extended to 7/15, but the general feeling of dread is still the same. By all rights, “Tax Day” ought to be one of our favorite holidays, like “Christmas in April” without the carols, the hype, or the eggnog.

NFL Playoffs: Blue States Versus Red

NFL Playoffs: Blue States Versus Red

Now, if you’re like most people, you’re wondering why we’re polluting your NFL news with red state and blue state political references. You wouldn’t think politics matter on the gridiron! Unfortunately they do, now even more than before, thanks to the Tax Cuts and Jobs Act of 2017.