As the U.S. population ages and life expectancies increase, the need for long-term care is becoming an important consideration for many individuals and families.
Year-End Tax Planning Tips for Seniors
With the holidays in full gear, it’s time to do some planning that can help reduce your tax bill this year. Recently, U.S. News & World Report published an article geared specifically to seniors. Always be mindful of both federal and state legislative changes when applying your traditional year-end tax planning techniques. It is not too late to take advantage of some tax-savings opportunities that may not be around next year and, as always, consult with your preferred professional tax advisor for advice tailored specifically to your situation.