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Blog Posts in January, 2014

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  • Custodial Accounts: What Parents and Grandparents Should Know
    Custodial Accounts: What Parents and Grandparents Should Know

    Custodial accounts for children are established for various reasons. Grandma gave $10,000 to little Jennifer: set up a custodial account. Mom and Dad want a tax shelter for little Johnny's college ...

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  • Scorecard of Key Expired Tax Breaks
    Scorecard of Key Expired Tax Breaks

    S everal federal income tax breaks for individuals and businesses expired at the end of 2013. Although we're solidly into 2014, Congress has -- so far -- failed to extend many of tax savings ...

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  • The Benefits of a Q-Tip Trust
    The Benefits of a Q-Tip Trust

    Depending on your situation, it may make sense to include the odd-sounding "Q-tip trust" in your estate plan . The name derives from a special estate tax break for "qualified terminable interest ...

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