Taxable vs. Tax-Advantaged: Where to hold investments
When investing for retirement or other long-term goals, people usually prefer tax-advantaged accounts, such as IRAs, 401(k)s, or 403(b)s. Certain assets are well suited to these accounts, but it may make more sense to hold other investments in taxable accounts. Know The Rules Some investments, such as fast-growing stocks, can generate substantial capital gains. These […]
Dynasty Trust
The Tax Cuts and Jobs Act (TCJA) signed into law this past December affects more than just income taxes. It’s brought great changes to estate planning and, in doing so, bolstered the potential value of dynasty trusts. Exemption changes For the estates of persons dying and gifts made after December 31, 2017 and before January […]
Identity Theft
Tax returns are a prime target for identity thieves. After all, the IRS processes billions of dollars in tax refunds every year, and criminals follow the money. A thief needs little more than your name and Social Security number (SSN) to file a fraudulent tax return and pocket the refund. Then, when you attempt to […]
