Tag Archives: tax
Estate Planning Tips Single Floridians Need When They Near the Proposed Tax Limits
Did you know that the state of Florida does not impose an estate or inheritance tax? This is great news, but some residents may have to remain mindful of the federal estate tax limits. While the current exemptions are high enough that very few Americans need to be concerned, at a federal exclusion of… Read More »
529 Plans: Where to Begin
Do you know about 529 savings plans? A 529 Plan, named after Section 529 of the Internal Revenue Code, is a college savings plan that provides tax benefits to encourage contributions into the plan. There are two types of 529 Plans: Prepaid Tuition Plans and Education Savings Plans. With a Prepaid Tuition Plan, a… Read More »
