Essential Estate Planning Documents

June 6, 2025
What legal documents do I need to manage my care and responsibilities if I am ever unable to do so myself?...

Strategies for Paying Off Credit Card Debt

May 30, 2025
My husband and I are retired and have accumulated a lot of credit card debt over the past few years. We need help paying it...

Does Medicare Cover Eye Exams and Vision Care?

May 23, 2025
Is vision care covered by Medicare? I currently have vision insurance through my employer, but I will lose this coverage when I retire...

Protect Yourself from Summer Scams

June 6, 2025
During the summer season, the Internal Revenue Service (IRS) reminds consumers to protect themselves from potential identity thieves...

IRS Collects $5.1 Trillion in 2024

May 30, 2025
On May 29, 2025, the Internal Revenue Service (IRS) issued the Data Book for fiscal 2024. The Data Book is an annual report on tax revenue and IRS activities for the prior year...

IRS Increases Use of Chatbots

May 23, 2025
Since the first chatbots were installed by the Internal Revenue Service (IRS) in December of 2021, the Service has continued to improve and increase the use of computers to assist taxpayers...

Zero-Tax Cash and Trust

June 13, 2025
About 15 years ago, Linda's father passed away. As her inheritance, she received a commercial lot that was a mile outside of town. At the time she received the inherited property, it was worth about...

Domicile - Where You Live Affects Your Taxes

June 6, 2025
A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and also lived for many years in Nevada...

Family Limited Partnerships

May 30, 2025
A family limited partnership (FLP) is usually created by parents. It has several purposes. An FLP can save estate taxes and permit transfers to family members...