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Family and Taxes

Windfalls and your taxes

When you receive a windfall — whether it’s an inheritance from a relative, winnings from the lottery or gambling, or proceeds from a legal settlement…


Tips on handling alimony at tax time

The deduction for alimony is not limited to support payments.NEW YORK (MainStreet) — If you are paying alimony you may be able to claim an…


How and why your 401(k) is changing

Employers are getting smarter about how they run retirement plans. They are making some moves that are good for younger workers, including automatically enrolling new…


Tax Tip: The head of household loophole you won’t want to use

One spouse in a married couple filing separate returns can file as 'Head of Household,' but the trick isn't a pleasant one.   NEW YORK…


With tax filing near, have the talk: Joint or separate?

Generally it is better to file a joint return, but in some cases it may pay to go your separate ways ' on your tax…


Tax tips for a new baby | Video

Having a child can be one of the most wonderful experiences of your life. However, the cost of having children can come with a hefty…


Filing taxes jointly – Benefits for married couples | Video

Filing taxes is something that is required of every one of us. Most people have filed taxes as individuals for the early part of their…


What the dreaded “Fiscal Cliff” means for you

Don't jump off the fiscal cliff ' learn about it!With everyone talking about the fiscal cliff these days, it’s easy to worry we might all…