IRS Waives 2024 RMDs For Inherited IRA Beneficiaries
The IRS has just waived some Inherited IRA RMDs again for 2024. But is skipping the RMD on your inheritance a smart tax planning move?
What Is ESG Investing and Why Is It Under Fire?
The widespread use of ESG factors has fed skepticism that the approach is nothing more than a marketing gimmick, fueling a backlash and a regulatory crackdown.
Why Are Cash Prices Lower Than Health Insurance Negotiated Prices?
Growing evidence demonstrates a counterintuitive phenomenon in healthcare: the cash price is often cheaper than insurance prices for the same service or product.
How Would You Pay for Long-Term Care? (May)
A growing number of Americans aren’t sure how they’d pay for long-term care expenses.
The Augusta Rule Can Help You Save Money If You Can Master The Rules
The section 280A exclusion, often called the Augusta Rule in a nod to the Masters, can help taxpayers avoid tax on short-term rentals and possibly, save money.
Taxation of Expatriates
The Heroes Earnings Assistance and Relief Tax Act 0f 2008 (the HEART, or “Heroes” Act), enacted on June 17, 2008, applies new tax rules both to certain U.S. citizens who relinquish their U.S. citizenship and to certain long-term U.S. residents who terminate their U.S. residency.
How to Buy a House in 2024: A Step-by-Step Guide
To buy a house, you should team up with a trustworthy real estate agent and make sure your credit is in good shape. If you plan to get a mortgage, you need a loan preapproval in hand before you can start looking at houses. Your mortgage lender will want an appraisal of the home, and […]
Are You a Micromanager?
Are you always giving your team “advice”? Do you need to approve every decision your team members make? Do you consider feedback a one-way street? If you answered yes to these questions, you may be a micromanager says Harvard Business Review.
One Investment Mistake Happy Retirees Know To Avoid
Investing is typically one of the most consistent ways to stay ahead of inflation, with the goal of achieving financial freedom. However, there’s been some market consternation in the last year and a half, leading to dog-chasing-the-tail behavior when it comes to investing and retirement.
Selling Your Business to Family
When you are considering selling your business, you may have possible buyers within your own family. You may want to withdraw from the business but still keep the business within the family, and you might have children or other relatives who work in your business with you who might be ideal potential buyers. When selling […]
