PLANNING FOR WHEN YOUR KIDS MOVE OUT

After decades of raising kids, the day parents finally watch them fly the coop can bring about feelings of depression and loss, often called “empty nest syndrome.” But this new phase in life can also be cause for celebration, giving parents the …

Gift Tax Considerations

In 2014, generally, gifts valued up to $14,000 per person could be given to any number of people and none of the gifts will be taxable. If the gifter is married, both he and his spouse could have separately given gifts valued …

2014 Individual Federal Income Tax Rate Schedule

Tax Rate    Single 10%          $1 – $9,075 15%          $9,076-$36,900 25%          $36,901 to $89,350 28%          $89,351 to $186,350 33%          $186,351 to $405,100 35%          $405,101 to $406,750 39.6%       over $406,750

11 Ways to Protect Your Tax Savings

One of the most important steps in maintaining a tax strategy is proper documentation. Proper documentation increases the accuracy of the information you provide to your tax advisor.  This helps your tax advisor do more for you because they have good information. …

Surgury went well!

Thanks for letting me slack for a couple of weeks while I am recovering from major shoulder surgery. I now have a completely new shoulder!  The down time has been a blessing in disguise, and it has given me time to evaluate …