Strategies for Claiming Social Security Benefits
When to claim social security is a very personal choice, so itâs important to consider not only your monthly retirement benefit, but also your overall financial picture. There is no âone size fits allâ solution to claiming Social Security...
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Breaking up Is Hard to Do: That Home in Florida May Not Save You From State Income Taxes
Domicile is a lesser-known concept that goes beyond where you own property or where you spend most of your time and it is essentially intent-based. Domicile is a person's fixed, principle, and permanent home or the place they intend...
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Benefiting From Historically Low Mortgage Rates
If you have not given serious thought to refinancing or analyzing how borrowing at low rates may benefit your broader financial situation, now is the time. Many financial rates are at historic lows due to current conditions, market instability...
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Proposed Regulations on Carried Interest Taxation
The TCJA quietly added a provision to tax certain âcarried interestsâ at a higher tax rate. That additionâInternal Revenue Code Section 1061 (IRC 1061)âtaxes certain carried interests at the ordinary income tax rate. Simply stated, carried interest is the...
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Five Frequently Asked Questions About Saving For Education
There are many factors to consider when saving for future education costsâthe time between now and when the funds are needed, risk tolerance of the investor, investment preference, and individual tax situation. It may be obvious, but we always...
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