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Considering the potential return on investment before taking on home improvement projects can help homeowners make cost-effective decisions.
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Unlike retirement accounts, there are no federal contribution limits for variable annuities, and the investment gains won’t be taxed until they are withdrawn.
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In addition to advancing philanthropic goals, strategic charitable donations may offer tax advantages.
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New tax rules will determine the deductibility of donations in 2026 for better or worse, which means taxpayers may want to rethink the timing and amount of their donations for 2025 and beyond.