by SDP Team | Apr 4, 2019 | Tax
If you have always given to a 501(C)(3) charity (a church, school, hospital, etc.), you are acutely aware that your charitable contributions now have to exceed $12,000 for an individual or $24,000 for a married couple before you can itemize under the new law. Simply...
by SDP Team | Mar 20, 2019 | Tax
If your child is deciding between two schools based on a financial aid package, be sure to weigh the taxes that may accompany the offer.Families depend on scholarships, assistantships and grants to help them afford higher education.Indeed, the annual cost of tuition,...
by SDP Team | Mar 20, 2019 | Tax
Are you worried about being audited?The fear may be overblown, as only 0.6% of taxpayers had their federal returns examined in 2017 (the most recent information available). That same year, only 4.3% of taxpayers with gross income before deductions of over $1 million...
by SDP Team | Mar 20, 2019 | Retirement
You can prepare for your retirement transition years before it occurs. In doing so, you can do your best to avoid the kind of financial surprises that tend to upset an unsuspecting new retiree. How much monthly income will you need?Look at your monthly expenses and...
by SDP Team | Mar 20, 2019 | life insurance
Ask someone why they’re investing for retirement, and they’ll usually give two answers: to cover post-retirement living expenses and to help provide for a spouse after they’re gone.But what if “gone” comes far earlier than you expect? Term life...
