Samuel D. Fries

How LTC Insurance Can Help Manage Senior Care Costs

Approximately 70% of adults who survive to age 65 will need long-term care services, and 48% will receive some paid care over their lifetimes, according to statistics from the U.S. Health and Human Services. If you or a loved one winds up in this situation, a long-term care (LTC) insurance policy can help cover the cost.  

How Are Income Distributions from Trusts and Estates Taxed?

As separate legal entities, estates and nongrantor trusts must file their own federal tax returns,...

Help Wanted: Hiring Family Members for Tax-Saving Results

If you own a small business and have children in high school, technical school or college, you...

6 Ways to Address Future Health Care Costs

How much money will you need to set aside to cover your out-of-pocket health care costs in...

Some Retirement Plan Benefits Will Increase for 2025

With the 2025 tax year almost here, there's news from the IRS about retirement savings. According...

It’s Time to Think about Today’s Favorable Gift and Estate Tax Rules

The Tax Cuts and Jobs Act (TCJA) dramatically increased the unified federal gift and estate tax...

8 Steps Toward Enhanced Financial Security

During uncertain times, you may be concerned about the effects world events will have on your...

IRS Issues New Final Regs on RMDs

The IRS has just released final regulations on required minimum distributions (RMDs) from qualified...

How to Manage Taxes in Retirement

You're planning and saving money for a financially secure retirement. Good for you! But don't...

7 Midyear Tax Planning Tips for Individuals

Summer is a good time to reflect on tax planning moves that could lower this year's tax bill. It...