What are some tax considerations associated with selling a vacation home? If you sell your vacation home and wish to know the tax consequences, you must first determine whether your residence qualifies as a vacation home in the eyes of the IRS. Assuming that it does, you should know how to treat capital gains and […]


March 28, 2023

Sale of Vacation Home: Tax Considerations


Bigger tax credit for start-up retirement plans. The SECURE Act improves the small employer pension plan start-up cost credit in three ways for tax years starting after 2022. First, it makes the credit equal to the full amount of creditable plan start-up costs for employers with 50 or fewer employees (up to an annual cap). […]

Secure 2.0

February 16, 2023

SECURE 2.0 Act: Small Business Provisions


When thinking about whether to invest in real estate, the factors you should consider depend on what kind of purchase you’re considering and the reason you’re buying it. Real estate can help diversify an investment portfolio and serve as a hedge against inflation, but there are many ways to do that. Your reasons for buying […]

Real Estate Investment

January 21, 2023

Choosing a Real Estate Investment


estimated reading time 7 minutes Caring for your aging parents is something you hope you can handle when the time comes, but rarely is it something that is planned for. Whether the time is now or somewhere in the future, there are steps that you can take now to make your life (and your parents’) […]

Caring for Your Aging Parents

December 27, 2022

Caring for Your Aging Parents


Estimated Read Time: 5 minutes 45 seconds If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this significant life change. How will you manage the transition? Will you travel, take up a new sport or hobby, or spend more time with friends and family? Should you […]

Retirement Planning

November 22, 2022

10 Years and Counting: Approaching Retirement


Estimated Read Time: 5 minutes Quality Charitable Distributions, known as QCDs, are a direct transfer of funds from your retirement account to a qualified charity. QCDs allow you to donate money to a charity of your choice while also excluding the donation from taxable income. This can help lower your taxable income and may reduce […]

Year-End Planning

November 4, 2022

Quality Charitable Distributions (QCDs)


Estimated Read Time: 5 minutes The inability to work due to physical or mental incapacity can be a major problem when you least expect it. Taking advantage of your employer’s sick-leave plan or disability insurance plan can help alleviate some of the risks of the unknown. A sick leave plan can reimburse you for lost […]

Employer Benefits

October 21, 2022

Taking Full Advantage of Employer-Offered Disability Insurance Plans