Dec 30, 2025 | Business Planning, Personal Financial Planning
On your employee’s first day on the job, you are required to ask them to complete federal Form W-4, Employee’s Withholding Certificate. (Multiple language versions are available here.) The employee enters various data onto the form — including their tax...
Dec 23, 2025 | Personal Financial Planning, Tax News
Most of the papers you need to document the income, interest and withheld taxes you report arrive in your mailbox in January, with investment-related 1099s often coming in February. Get ready for their arrival by creating print and online folders. It’s a good...
Dec 18, 2025 | Business Planning, Personal Financial Planning
Fairness isn’t always about equal shares — it’s often about what makes sense based on each person’s needs and circumstances. Sometimes one child needs more financial support or hands-on help. Other times, it’s about who’s better equipped...
Dec 16, 2025 | Personal Financial Planning, Tax News
We generally assume that children aren’t required to pay taxes. But if your child has unearned income — such as interest and dividends from investments — the IRS may require them to file a return. There are two main situations to consider. Their unearned income...
Dec 9, 2025 | Personal Financial Planning, Tax News
The 2025 tax year brings new opportunities — and some complexities — under the One Big Beautiful Bill Act. The law made many temporary provisions permanent, added new ones set to expire in 2028 and adjusted energy-related credits. Leveraging these changes requires...
Dec 2, 2025 | Personal Financial Planning, Tax News
The Internal Revenue Service has issued a release explaining changes in retirement plan limits for 2026. Below is a summary of this release. The provisions can be complex, so current and prospective plan participants should work with a financial professional....
