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Family and Taxes

Divorce and taxes explained | Video

Divorce is a very difficult situation to go through because there are a lot of uncertainties. Unfortunately, there are little uncertainties when dealing with the…


What is business life insurance?

Life insurance is an important part of a business. It may be used as a funding mechanism for your buy-sell agreement and as business interruption…


Choosing a beneficiary for your IRA or 401(k)

Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of…


Q&A: What is a life insurance trust and why should I consider establishing one?

A life insurance trust is a trust that has the power to purchase life insurance policies on the person who establishes the trust (the grantor),…


Tax Credits

What Are Tax Credits & How Do They Lower Your Tax Bill? Tax credits can help reduce your liability dollar-for-dollar. That being said, they generally…


5 Child Tax Credits Parents Can Claim

If you're a parent, you want to squeeze all the money out of your tax refund that you can. This includes adding all the child…


How is a Tax Refund Treated in a Divorce?

If you are in the middle of a separation or divorce, you may wonder how your martial status will affect your tax refund status. In…


Which federal income tax forms does a separated person need to file?

Filing your federal income tax forms when you're separated from your spouse requires a little more decision making than usual. There are several options available…