If you are mulling over in your mind your list of tangible assets, savings accounts, and creating your will, you may be trying to determine that trifecta question of how to be able to keep what you have in your name, have access to income, but still leave something as a legacy to your heirs. […]
Our Clients have come to us asking why they are paying taxes on their Social Security income when they thought it would be tax-free. It isn’t just those that have built significant wealth that will be paying taxes on some of their Social Security; when your provisional income (your modified adjusted gross income plus 50%
Taxes On Social Security Read More »
A recent AARP focus group study* sheds light on the concerns of women aged 50 and up, revealing a shared sense of financial stress, uncertainty about the future, and dissatisfaction with systems designed to help them. Participants, regardless of political affiliation or age, described dealing with rising costs, health-care challenges, caregiving responsibilities, and concerns about
What Women 50+ Say About Retirement Read More »
Because it’s tax time, our clients have been asking questions about how taxpayers ages 65 and older can make the most of the temporary $6,000 senior tax deduction that is in effect for tax years 2025 through 2028. This is an unusual situation, because a deduction is available to both those who itemize and those
Bonus Senior Tax Deduction Read More »
