Ken Berry is a nationally-known writer and editor specializing in tax, financial and retirement planning issues. During his long career, he has served as managing editor of a publisher of content-based marketing tools and vice president of an online continuing education company. As a freelance writer, Ken has authored thousands of articles for a wide variety of newsletters, magazines and other periodicals.
Have you finally made it big in the business world? You might enjoy your success by buying skybox seats for your favorite local sports team. Unfortunately, however, the...
Recent changes have eroded some of the estate tax benefits of bypass trusts. And, if President Trump gets his way, the federal estate tax could be completely repealed.
Do you enjoy wagering at casinos and participating in other games of chance? The IRS requires you to pay tax on your fair share of winnings as reported by the...
How are you ever going to pay for college for your children? It’s a tough nut to crack, but at least you can take advantage of a key tax law provision.
Generally, your annual write-off for losses from passive activities is limited to your income from passive activities. In other words, you can’t claim an overall...
Common occurrence: A worker overpays FICA tax due to a change in jobs or other circumstances. It could easily happen to you or someone else in your family. Depending...
With the onset of cold weather in many parts of the country, grandparents of college-bound children may seek some warmth in a smart tax-saving device. Investigate the...
Wealthy individuals can avoid dire estate tax consequences by shifting assets to a trust. But then the trust will likely be hit with sky-high income taxes during your...
Suppose your employees regularly incur business expenses that aren’t reimbursed by your company. For example, they might personally pay for business travel or...
