Charitable giving in the United States has rebounded. In 2013, such donations were up 4.9% from a year earlier. According to the “Charitable Giving Report” for 2014, large nonprofit organizations grew by 5.7%, medium-sized organizations by 3.8%, and small...
Quick: Who are the beneficiaries of your retirement plan, life insurance policies, and investment accounts? Many people don’t remember whom they named as a beneficiary or are uncertain. But it’s important to know, especially if your circumstances have...
Tax experts have warned that the new 3.8% Medicare surtax- which applies to “net investment income” (NII)-can be a formidable tax obstacle for upper- income investors. But the NII tax isn’t just a concern for individual taxpayers. It also may affect trusts...
