Tax return 2020: how to spend your refund. This is how you should spend your income tax refund to prepare for a recession. The IRS officially opened the 2020 income tax season last Monday, January 27th, when it began accepting individual tax returns. The majority of Americans are expecting an income tax refund, but just [...]
Four ways to Live Tax-free. Here are a few strategies for those who want to live a tax-free life without breaking the law. We all know that paying taxes is a necessary part of life. Yet the news is constantly filled with reports of people being caught with offshore, untaxed funds in an effort to [...]
A quitclaim deed conveying the title of a home to a living trust can result in a stepped up basis when selling the home, but if it is unrecorded it likely will not be of any help. Q: In response to your recent article about a father who transferred title in his home to his [...]
