Make updating your retirement plan a New Year’s resolution

This time of year is replete with retrospectives on 2020 and stating goals for 2021. One New Year’s resolution that should be at the top of your list is updating plans for retirement. Kiplinger’s recently published a list of the 10 Most Tax-Friendly States for Retirees, which gives some good food for thought.  No matter […]

Can you deduct charitable gifts on your tax return?

Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with the tax law changes that went into effect a couple years ago and the many rules that apply to charitable deductions, you may no longer get a tax break for your generosity. Are […]