Insights

Retirees often need money from their investment portfolio, if they have little or no earned income. For many seniors, tax- efficient withdrawals require two levels of decisions. First, should the dollars come from regular taxable accounts or from tax-deferred accounts...

The net price of higher education will depend on the amount of financial aid that's received. The greater the financial aid, the lower the net cost of college.  In order to obtain financial aid, a key step is filling out the Free Application for Federal Student Aid...

Some observers have commented that few private sector workers can look forward to pensions after retirement. The traditional pension, a lifelong stream of income to a retiree and perhaps a surviving spouse, is becoming a rarity for those who are not long-term...

Business owners should have an exit strategy: a plan for the time when they’re either unwilling or unable to keep running their company. Often, that planning can include a current disaster plan for relatively young business owners and a future long term succession...

As 2016 began, people were lining up to buy tickets for the Powerball lottery, which eventually reached a total prize of $1.58 billion. Many states have lotteries, and countless participants win prizes, albeit usually much smaller than the Powerball jackpot. Are such...

This article was written by TJT senior manager Diane J. Dennis, CPA and originally appeared in the AICPA's CGMA Magazine. Most CEOs and CFOs do not have such a high level of trust across the table that they can close a deal after a brief conversation and a handshake....