Summer Fun and Tax Breaks: Deducting Day Camp Costs Under the Child and Dependent Care Credit
As the summer season approaches, many parents struggle with childcare, and day camps can be a lifesaver. Did you know that some of these expenses…
Navigating Divorce: The Value of a Financial Expert in Marital Dissolution
Marital dissolution, or divorce, can be a complicated and emotional process that can impact both parties involved, their children, and their finances. A financial expert…
Avoid the Pitfalls of Multi-Generational Wealth Transfer
Passing on wealth to the next generation—also called wealth transfer—is a challenge faced by many families. 70% of Multi-Generational Wealth Transfers Fail According to research,…
How Kiddie Tax Rules Affect You
Many people ask if they can save on taxes by transferring assets into their children’s names. This tax technique is called income shifting. It seeks…