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    12 year-end tax tips

    Merry Christmas to all! My gift to you is a dozen tips that will help make you tax efficient for 2019. 1. COMPLETE A MOCK RETURN Know your 2019 tax position and tax bracket now so you can determine which tax strategies will work best for you. High-income taxpayers need strategies to remove income from […]

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    The other drivers of ‘gray divorce’

    Previously, I’ve discussed the role money and sex can have in driving “gray divorce” — the growing trend of older couples going their separate ways. Here are some other causes that appear to be at play: INCOMPATIBILITY Most states have adopted some basis for getting a divorce so one spouse doesn’t have to make nasty […]

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    What’s behind the ‘gray divorce’ trend?

    While the overall divorce rate has declined over the past 20 years, it has doubled for the segment of the population over age 50. This growing unmarried, middle-age population has even led Candice Bushnell to write a follow-up book asking “Is There Still Sex in the City?” to address the phenomenon her peers are facing. […]

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    Budgeting basics

    Budget: a word that causes stress and anxiety for some while helping others bring order to their lives. Do you wish you had something to help you get your finances in order but believe creating a budget would be impossible? I want to give you hope; you can create a budget. It is simply a […]

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    Owing the IRS

    Is there anything worse than owing the IRS? If you do, don’t fret; they have a collection process. (That’s bad sarcasm for a bad situation.) So what is a taxpayer to do when he owes back taxes? For whatever reason you owe the IRS (e.g. increased salary with under-withholding of income tax, underpaying estimated tax […]

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    Managing your college student’s money expectations

    With a child in college, the expenses can seem endless — tuition, books, room and board and an infinite number of incidentals. How do parents keep their heads above water financially, establish boundaries and make sure their kids’ expectations are rooted in reality? Here’s some practical wisdom from parents who are trying to instill good […]

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