Financial Factoid

Financial Factoids: Tax and Estate Planning Issues

Keeping Income Tax Information There is a general three-year statute of limitation for your taxes, meaning the IRS has three years from when you file your return to start an…

Financial Factoids: Investing Issues

Are Your US Savings Bonds Still Paying Interest? Many people have accumulated Savings Bonds or received them as gifts. As patriotic as it may be to own the bonds, some…

Financial Factoids: Issues for Parents

Automatic Savings Plans to Fund College The costs of attending college are high and they keep growing. Transferring $250 each month to a child’s custodial account will accumulate to almost…

Financial Factoids: Retirement Issues

Automatic Savings Plans for Your Retirement Your IRA – Transferring $458.33 each month will fund your 2015 IRA contribution of $5500 or $541.66 for a contribution of $6500 if you…

Financial Factoids: Home and Residence Issues

Tax Implications of Home Ownership Owning a home can provide financial and tax benefits as well as shelter and emotional satisfaction. Tax benefits can come from itemized deductions (for mortgage…