How to Get Tax Savings on Charitable Contributions
Qualified charitable distributions (QCDs) from an IRA offer individual over 70½ with a valuable method to achieve income tax savings on charitable donations, even if they choose to utilize the newly increased standard deduction. The significance of QCDs has grown in the context of recent tax law changes, providing a unique opportunity for older taxpayers […]
Creating a Financially Organized Life
Here’s how to get a jump-start on creating a system to organize your bills, statements, policies and other financial paperwork. Financial organization is a cornerstone of a healthy financial life. At the most basic level, financial organization saves time and money because it aids in paying bills on time, finding needed documents during tax season, […]