Do You Owe The AMT?
American educational reformer Horace Mann called education “the great equalizer.” In football, it’s been said that turnovers are the great equalizer. In taxes, there’s also an equalizer of sorts; it’s called the alternative minimum tax, or AMT. Instituted in 1969, it […]
What Do Your Taxes Pay For?
Taxes are one of the biggest budget items for […]
How to Make the Tax Code Work For You
By April 11, 2025, over 117 million taxpayers had dutifully filed their federal income tax returns. And they all made decisions about deductions and credits – whether or not they realized it.1
When you take the time to learn more about how it works, you […]
White Elephant Inheritance
Have you ever had to deal with a “white elephant”? Not the actual pachyderm, but what Merriam-Webster calls “a property requiring much care and expense yielding little profit” or, more simply, “something of little or no value.” Of course, we’re not talking about the sort of “white elephants” you […]
The Basics of Irrevocable Life Insurance Trusts
“I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money.”
-Arthur Godfrey
The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that […]
