There is a *BIG* difference between FERS Deferred Retirement and a Postponed FERS Retirement. Learn about the basics, and find out why a FERS Postponed Retirement is so much better.
Ensuring that a family can monetarily make it through the death of its bread winner has been the main purpose of life insurance coverage. Through the years, it's developed many income tax relief attributes that raises its helpfulness as a store of value--for retirees too. Discover which tax advantage you can use. Like a income tax relief, life insurance can [...]
Everyone seems to be conscious about the high cost of healthcare. The excellent news is the fact that some basic tax strategies will help you decrease taxes to offset these significant costs. Here are some helpful tax strategies. Take advantage of tax deductions for medical costs The government allows tax payers to write off any medical expenses that go beyond [...]
As a careful taxpayer, you most likely maintain good records which means you could make the most of itemized deductions whenever you or perhaps your accountant fills out your tax return. Did you realize though, that the income tax reduction strategy to optimize deductions might expose you to a completely distinct set of guidelines that could trigger extra taxes? The [...]
A long time ago, the internal Revenue Service permitted tax payers to deduct all of their interest costs - including personal credit card debt. Then Congress changed the tax code, and today, you can solely deduct particular kinds of interest. And that is the type you want to have. However, some tax shelter strategies might help categorize more of your [...]