Here's something everyone already knows: college isn't cheap! With approximately 19.9 million students expected to attend American colleges and universities in the fall semester of 2019[i], parents must be thinking about how tuition costs are going to be met. While the largest source of funding …
Tax
How to Calculate Your Taxes using the 2019 Tax Brackets
The U.S. tax system is a graduated tax system, as opposed to a flat tax system. What is the difference? How does it work? When you hear the term “marginal tax bracket,” what does it mean? Let’s look at an example to help us understand these concepts. Shirley is a systems analyst earning …
Charitable Giving Under Current Tax Laws: An Overview of Sensible Strategies
The 2017 Tax Cuts and Jobs Act (TCJA) had a major impact on charitable giving. One of the frequently asked questions we’ve been fielding is: How can you keep giving, and get a little back on your taxes? Following are four practical possibilities to consider for charitable giving under the TCJA …
