This Wall Street Journal Article provides a good list of resources for Social Security planning. And here is another good tip on receiving spousal benefits from Social Security via a “claim & suspend” strategy. Still unsure about how to implement … Continue reading
As we approach the end of the year, it’s a good time to consider whether you are in the right retirement plan if you have self-employment income. If you receive significant self employment income, you should definitely look at solo … Continue reading
The Federal income tax system is set up to favor one working and one non-working spouse. If both of you work at relatively high paying jobs, and you don’t live in a community property state ( CO is NOT a … Continue reading
Good news from a recent IRS ruling. An excellent overview of the “innocent spouse rule”, written by one of my favorite tax lawyers, Charles Rubin. If you are a tax nerd, you will love his blog. And even if you … Continue reading
This is a fascinating interactive tool from the New York Times to help you understand where the money goes in the 2012 proposed Obama budget. As you can see, dealing with Medicare for our aging baby boomer population should be … Continue reading
Whether or you like to admit it or not, marriage is not just a religious institution; it is a financial institution that affects our lives in many ways. Read this article from the New York Times to understand the extra … Continue reading
The deadline is fast approaching—but don’t file your return until you’ve grabbed every last break. Here’s a guide.
From Social Security benefits being taxed to the AMT, here are unfair tax rules that should be repealed.
