2014 Charitable Gifting Deadline Fast Approaching

What’s in this article: New eligible expenses in 529 plans OBBBA introduction of 530A accounts (or “Trump Accounts”) for children Changes to gift tax exclusion and estate tax exemption New deduction and catch-up contributions for seniors State and Local Tax (SALT) deduction changes New exemptions from income tax   You may be surprised to learn that Benjamin [...]

What’s inside this article? When does your child need to file a tax return? What documents will they need to gather? Common first-time mistakes to watch out for Creating an opportunity to build financial literacy When professional help may make sense   There are a lot of “firsts” that mark the transition into adulthood — [...]

It is a new year and with that comes new contribution and gifting limits from the IRS.  As you begin to plan for the year ahead, we’ve highlighted some key changes in 2026 to be aware of for retirement accounts, health saving accounts, and gifting. Individual Retirement Accounts The annual contribution limits for traditional and [...]