Monthly Archives: January 2016

File early to avoid tax identity theft

If you’re like many Americans, you may not start thinking about filing your tax return until the April 15 deadline (this year, April 18) is just a few weeks — or perhaps even just a few days — away. But … Continue reading

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Follow IRS rules to avoid losing some of your 2015 charitable donation deductions

Sharing your estate with charity by making donations during your life not only benefits your favorite organizations and reduces your taxable estate, but also can reduce your income tax bill. However, if you don’t meet IRS substantiation requirements for a … Continue reading

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Direct tuition payments: An attractive option for funding your grandchild’s college education

It’s no secret that the cost of a college education continues to soar. If you’d like to help fund your grandchild’s higher education, a simple but effective technique is to make tuition payments on behalf of him or her. So … Continue reading

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Help preserve retirement benefits using portability

Portability allows a surviving spouse to take advantage of a deceased spouse’s unused federal gift and estate tax exemption. The main advantage of portability is simplicity. It lets married couples make the most of both of their exemptions without the … Continue reading

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