Many seniors find that their newly severely restricted itemized deductions fall short of their personal deductions ($24,000 married filing jointly). So their charitable contributions may be worth zero on their tax returns. That’s a little bit of a bummer even though the primary objective was to benefit the charity. Most of us have a soft spot in our hearts for our tax deductions.
People who reported higher organic food scores were less likely to be diagnosed with cancer than the rest of the group. For example, those who consumed the most organic food were 25 percent less likely to have cancer, according to the research.
GRANDPARENTS ARE IN THE news more than ever today. Some are caregivers, raising their grandkids, while others are separated or estranged from them. What's going on? Has the role of grandparents diminished, or is it needed now more than ever?
Life insurance is a fundamental risk management tool for a secure financial lifestyle. Primarily, it functions as an income replacement insurance product during an individual’s working years. In many cases, life insurance is set up to provide financial security for family members or to pay off liabilities in the event of an untimely and premature death. Because the likelihood of the death of the insured occurring during working years is relatively low, but the impact would be devastating, insurance is a perfect fit for the situation.
When entrepreneurs start a company, they don't necessarily think about the day they might leave it. The same goes for executives who have been key players in the same organization for decades. Just because it's your livelihood today doesn't mean it isn't important to think about the future. Creating a solid succession plan now will ensure your legacy remains long after you are gone. So, we asked 10 members of Forbes Coaches Council for their best tips and practices on planning your own succession. Here's what they had to say.
Running the financial side of your small business can be quite a challenge. Wouldn’t it be great to have a CFO to handle your finances for you?
