Top five TCJA tax planning opportunities for individuals in 2018
By Shaun Hunley There are no fewer than 130 new tax provisions in the Tax Cuts and Jobs Act, according to Shaun Hunley, a technical editor of PPC products for Thomson Reuters Checkpoint in the Tax &
Can a Special Needs Trust Pay for Housing Without Reducing SSI Benefits?
Trustees of special needs trusts generally have wide discretion in determining whether to distribute funds to trust beneficiaries. But if the person with disabilities receives Supplemental Security Income (SSI), careful precautions should be taken before any trust funds
Promissory Notes and Medicaid
A promissory note is normally given in return for a loan and it is simply a promise to repay the amount. Classifying asset transfers as loans rather than gifts can be useful because it sometimes
3 reasons IRAs have edge over 401(k)s when it’s time to tap your nest egg
By Adam Shell, USA Today For most working Americans, the savings vehicle of choice is a 401(k). But a flood of retirement savings dollars moving from these employer-sponsored plans to IRAs suggests that retirees or