Passive Activity Losses From Rental Property

In these times of high stock prices and low bond yields, investors might be thinking about rental property. Such investments can pay off in the right situation. Before you make any decisions, though, you should be aware of the tax implications, especially the passive...

Succession Planning for a Family Business

If you intend to name a family member to succeed you in running your company, you have some advantages. The person you’ll name (probably your son or daughter, son- or daughter-in-law) is someone you can identify easily, without an extensive search. You know that...

Winning Social Security’s Waiting Game

As more baby boomers move into their 60s, there is increased interest in Social Security retirement benefits. In particular, seniors must decide when to start. Currently, the full retirement age (FRA) for Social Security is 66. That age applies to people born from...