The 2025 calendar year has ended, but the opportunity to contribute to an Individual Retirement Account (IRA) for that tax year...
Tax Planning
A New Tax Election Could Put $1,000 in Your Child’s Name
What Parents Need to Know About Trump Accounts January 26 was the official date the IRS began accepting electronically filed tax...
When Two Incomes Become One: The Hidden Costs of Losing a Spouse
Here’s a fact: women tend to live longer than men, by about five years on average. Here’s another one: women generally earn less than...
Prepaying Your State Income Taxes in December May Reduce Your Federal Taxes
What’s old is new again! At least that is the case for one year-end tax strategy that, for many taxpayers, was neutered after the Tax...
Howard Hook Featured in ‘Ask NJ Money Help’ Tax Planning Q&A
We’re pleased to share that Principal and Senior Wealth Advisor, Howard Hook, CFP®, CPA, CAP®, was recently featured in the Ask NJ...
Using QCDs to Reduce Taxes and Support Charities in Retirement
What if you could lower your tax bill and make a difference in the world at the same time? That’s exactly what a Qualified Charitable...
Act Now: Federal Energy & EV Tax Credits Expire in 2025
If you’re considering making home energy-saving upgrades and want a tax break, you should act soon. The (leaky) window of opportunity...
2025 Tax Law Changes: What’s in the One Big Beautiful Bill Act
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act. The Bill is a spending bill that includes changes to...
Reminder: Second Quarter Estimated Tax Payments Due June 16
If you make quarterly estimated income tax payments, don’t forget—the deadline for your second quarter 2025 federal and state...
Tax Contributions Due by April 15 — Unless You File an Extension
As the April 15 tax deadline approaches, many taxpayers scramble to finalize their filings and make necessary payments. However, not...
How to Pay 0% Tax on Capital Gains Pulled from a Brokerage Account
This article originally appeared in Business Insider on June 22, 2024 Jeremy Schneider retired in 2016 at the age of 36. He sold a...
Tax Treatment of Home Energy Rebates
The IRS has provided guidance on the federal income tax treatment of certain home energy rebates offered by states, with funds...