Individuals

1. 529 Accounts are not Just for College 2. What Happens in Summer May Be Taxable 3. Don't Ignore the IRS 4. Beware Scams Promoted on Social Media 5. When You and the IRS Disagree…

Between BBQs, fireworks and baseball games, you should take some time this summer to consider tax planning moves that could lower your tax obligations for 2024. Proactive midyear planning can help avoid a year-end scramble to implement tax saving strategies before December 31. When it comes to tax planning, procrastination can be a costly mistake.

1. Making Cash Gifts in 2023 and 2024 2. How Life Affects Taxes 3. Last Chance to Minimize Your 2023 Tax Bill 4. Appointing Someone to Handle Your Tax Matters 5. 2024 Social Security Figures

1. Tax Scams are Year-Round 2. Help for Post-High School Costs 3. Uncle Sam Wants Some of Your Gambling Winnings 4. Take IRS Deadlines Seriously 5. Tax Treatment of Cryptocurrency

1. Avoid Last-Minute Tax Filing 2. Be on the Lookout for a New Fraud Scam 3. Some Tax Help with the Cost of Kids 4. What can Happen When Taxes Go Unpaid? 5. Revised Dates for Required IRA Distributions

1. Tax Help for College Expenses 2. Overlooked Deductions and other Tax Errors 3. Check a Charity's Status Before Donating 4. Taxability of Disability Income 5. Health Savings Accounts for 2024

On December 29, President Biden signed the omnibus spending bill, which includes the long-awaited Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0). Among many other provisions, this new law includes five major taxpayer friendly changes that may help you save for retirement. Here are the details.