Kiddie Tax – Are You Kidding?

Kiddie Tax – Are You Kidding?

Many parents wonder whether and when their children have to pay taxes. Children who earn wages pay taxes if their income exceeds their standard deduction, however, where children have unearned income, such as from investments or interest on bank accounts, they may owe...
Debt Ceiling Deal – What Does It Mean for You?

Debt Ceiling Deal – What Does It Mean for You?

Debates over raising the debt ceiling deal and the associated nail-biting have become an unfortunate norm in the U.S. The debt ceiling refers to the limit set on the amount of money the U.S. government is authorized to borrow for current existing legal obligations....