Many families struggle to identify just what amount of the inheritance is enough, when, and how to give it. People have been bequeathing their wealth to their loved ones, and the new tax laws under President Joe Biden permit lifetime gifts at death up to $11.7 million...
As you grow older, you will probably reach a time when you can no longer do basic things like grooming and feeding yourself. According to LongTermCare, 70% of senior citizens above the age of 65 will need long-term care later in life. Long-term insurance is tailored...
Sure, you’ve been a hard worker your entire life. You’ve scrimped and saved and kept to a strict budget for decades, and now you are a little scared to spend that hard-earned money sitting in your retirement account. While you know you need to watch what you spend on...
Earned income tax credit (EITC) is a refundable tax credit designed to help support working Americans with low or moderate incomes. While it can help working individuals without kids, it is mainly intended to benefit working parents. Since the credit rate and maximum...
It happens; you decide to fill out your taxes by yourself one year before finding out that you made a mistake after you’ve already sent in your taxes. This might seem like it will become a big issue for you, but luckily you have a couple of ways to fix your...
