Important Tax Considerations When Retiring

If you are retiring in 2023, you may want to review the tax implication of retirement and the impact on your income.

Read Tax Considerations When Retiring

Reporting Digital Asset Transactions

Federal tax legislation enacted in 2021 now extends reporting of digital assets to cryptocurrency including cash and payments.

Read Reporting Digital Assets

Rules for Inherited Property under Fair Market Value

The fair marketing values rules can be complicated for inherited property and should not be overlooked.

Read Inherited Property

Financing Long-Term Health Insurance Costs

A well prepared estate plan needs to include a plan to finance long-term care insurance.  Whether purchasing long term care insurance or allocating your savings, having a plan in place is best to complement your estate plan.

Read Financial Health Insurance

IRS Clarifies Qualified Medical Expenses 

The IRS recently issued updated information on what medical expenses qualify as deductions.

Read Qualified Medical Expenses