Fiduciaries are legally required to put your interests ahead of their own when providing financial advice or making recommendations.
Personal finance tip of the week: Get your money advice from a fiduciary
Tax tip of the week: GoFundMe can help in a crunch, and donations are usually just ‘gifts’
Crowdfunding has become a meaningful way to bring together community support at difficult moments. It is not a complete financial plan.
Tax tip of the week: Find out if you missed deductions that could have lowered your income taxes
Many taxpayers overlook valuable deductions because they focus only on itemized deductions. They should dig into schedules 1 and 1A.
Tax tip of the week: Spring cleaning can improve finances too
Cash and tax benefits can come with a spring cleaning. And even when items aren’t highly valuable, clearing them out has benefits.
Tax tip of the week: PBS’ ‘Two Cents’ is the free financial resource you’re overlooking
“Two Cents” has hundreds of short, engaging episodes – often just a few minutes long – designed to make money topics easier to understand.
Tax tip of the week: Go to the backdoor Roth IRA when there are limits at the front
Here’s a way to build tax-free retirement income and reduce future required minimum distribution concerns with create greater financial flexibility.
Tax tip of the week: Missing the tax filing deadline isn’t cause for panic
To start with, if you’re owed a refund, there’s no penalty for filing late. Even if you owe, missing a deadline shouldn't be fatal.
Tax tip of the week: Your employer can contribute to a kid’s Trump Account starting July 4
Unlike your contributions, which are after-tax, employer contributions come pretax, similar to how a company might contribute to a retirement plan.
Tax tip of the week: Trump Accounts aren’t tax free, but some kids can get $1,000 to start
The advantage to these new financial tools comes from tax-deferred growth, early investing and a $1,000 government contribution.
Tax tip of the week: Maybe this is the year you should itemize deductions
With the cap rising it $40,000, more taxpayers may now find that itemizing results in a larger deduction than taking the standard deduction.