Helping Elderly Parents with Finances
As our parents age, we may find it necessary to help them with their financial affairs. Here are some practical steps...
What to Know About Trump Accounts
Created under the One Big Beautiful Bill Act (OBBBA), Trump Accounts are a type of traditional individual retirement...
What to Do If You’ve Overfunded a 529 Plan
Saving for your child’s education with a 529 plan is a smart financial move. These tax-advantaged accounts are designed...
Qualified Charitable Distributions from IRAs
Qualified Charitable Distributions (QCDs) are a powerful tool for individuals who want to support charitable...
Tax Credit for Businesses Through the Alabama Accountability Act
The Alabama Accountability Act allows Alabama taxpayers and businesses to contribute to Scholarship Granting...
Understanding Gift Tax During the Holiday Season: Limits, Exceptions, and More
A gift—no matter how large or small—can have a profound impact on the people we love. If anything, the holiday season...
IRA Charitable Donations are an Alternative to Taxable Required Distributions
Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need...