Money and More© February 9, 2019

Save taxes on medical expenses and use the standard deduction   Thanks to the tax law changes, many taxpayers must now take the Standard Deduction on their federal income tax returns.   Additionally, the threshold for medical expenses jumped from 7.5% of Adjusted Gross Income to 10% in 2019.  There are strategies that can help save… [Continue]

Money and More© January 12, 2019

Your Taxes and the Government Shutdown The current federal government partial shutdown is affecting the IRS and your taxes.  On January 7th the IRS announced that they will accept tax returns starting on January 28th.  The IRS will issue refunds on schedule.  There are other issues that might hold up returns.   The IRS has recalled… [Continue]

Money and More© December 15, 2018

Charitable Giving under the Tax Law Changes The sweeping tax laws changes  from year ago have a great effect on charitable giving.  These are likely to be even more profound in 2019 as taxpayers better understand the law.  The new law  increases the amount a taxpayer can deduct from 50% of adjusted gross income (AGI)… [Continue]

Financial Planning Weekly Thoughts for October 20, 2018

Sunday ACP Conference My most important professional organization is the Alliance of Comprehensive Planners (ACP).  ACP’s tax-focused model and financial planning philosophies align with my own.   I, very much, look forward to the conference each year.  It has been my pleasure to be part of the conference committee for this National level conference for the… [Continue]

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