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Debt that provides you with a tax deduction, such as a mortgage, is a better kind of debt. However, credit card debt is bad debt because the interest isn’t tax deductible and those interest rates

Without a strategy to address taxes and other expenses, they fail to address the potential issues when

recent credit card and mortgage statements; Investment account statements; The past three years of tax

defer up to $2,500 per year of your pretax salary ($5,000 per year if you’re married and file a joint tax Using an account can impact your ability to claim the dependent care tax credit, but it may be better

your savings accounts from becoming depleted by increasing healthcare expenses, and premiums may be tax

You’ll have wasted thousands of dollars paying for real estate taxes, utilities and other carrying costs

Those look to increase from $166.30 to $204.40 a month for the lowest affected tax bracket and from $380.20

can own just about anything other than retirement benefits, since collecting retirement benefits is a taxable

All of this should be accomplished while minimizing taxes, court costs, and legal fees.

Trusts are also useful for large estates, as they can help avoid taxes. nature of trusts, they can be structured in a way that minimizes or eliminates the need to pay estate taxes

If you don’t take an RMD, it’s a hefty 50% excise tax on the amount you were supposed to withdraw.

estate planning can assist you plan for retirement, establish trusts to protect assets from excessive taxation