Columns

The 11th hour passage of the 2010 Tax Relief Act is a rare opportunity for making large gifts to future generations by gifting assets to a trust for the benefit of children and grandchildren.

Judge Hudson took the Democrats and the Administration to task for denying that the individual mandate penalty is a tax, as well as their backbreaking contortions around that argument.

Dave Says: Getting out of debt is never more important than your marriage. But families go through all kinds of stuff, and one of those things is cleaning up messes they’ve made. It’s not always fun, but there’s a price to pay if you want to win with your money or anything else. 

Despite the holiday season being in full swing, tax planning experts say now is the time to do a little prep for next year’s tax season.

Tis the season to donate. Here’s what you need to know about the deductibility of charitable activities.

Increasing government intervention into the U.S. economy make this Back to the Future time. It's 1932 all over again--when government meddling worsened the downturn.  

An offer in compromise allows you to settle your tax debt for less than the full amount you owe--but there's more to it than that. 

Once boomers hit a certain age, life changes seem to come rapidly: leaving the work force, relocating to a smaller home or retirement community and learning to live without a steady paycheck. When faced with these life-changing events, it can be overwhelming, and boomers feel inundated not knowing when and where to start, and how to handle the changes emotionally and fiscally. On top of their own life changes, boomers are increasingly finding themselves dealing with an ailing parent and making life-alerting decisions for them.

Dave Says: When you do business with friends you always face the risk of running into a situation that can damage the relationship.

The world’s largest drug company’s rights to the cholesterol-lowering Lipitor just ended.

The lousy economy and anemic job market has more college grads moving back home with mom and dad. While parents what to be supportive--both emotionally and financially--there's a fine line between being supportive and enabling. After all, if you blow your retirement savings helping your adult child, will they be ready to have you move in when you are 80 and not financially sound for retirement? 

If you think the department stores are busy now, just wait until January when everyone is rushing to return unwanted gifts. When it comes to returning items, it's important shoppers now their rights.

If a bill to reduce the deficit does not become law by mid January— Americans can expect changes to their taxes and most of those changes represent an increase. 

Dave Says: When an individual files for bankruptcy, most of the time the creditor just loses the money owed.

Rehospitalization rates have been increasing, taking a heavy toll on the nation’s health-care system. The discharge process from a hospital is a critical point in a patient's recovery, especially for older patients with chronic conditions. Here’s what boomers need to know to avoid being readmitted.

Dave Says: Borrowing from family members can strain relationships, even if the loan has been paid off in full.

When you hand over a piece of plastic at the check-out counter, you don’t immediately feel the loss of your wealth, which means you will tend to spend more. And retailers and marketers know this, and use it to their advantage. 

It’s everyone’s goal to end an IRS audit with a 'no-change” result, but that doesn't happen all the time.If you are not satisfied with the results from an audit, you can fight the findings. Here's how. 

The Medicare open enrollment period is upon us once again, and now is the time for Medicare recipients to review their options and make unrestricted changes to their coverage options.

Living your golden years outside the U.S. used to be a foreign concept, but a growing number of baby boomers are choosing to retire outside American borders.