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How Holiday Giving Can Help You Save On Your 2020 Taxes

How Holiday Giving Can Help You Save on Your 2020 Taxes

  • November 19, 2020
  • Northern Virginia Trusts & Estates

Giving Tuesday, the first Tuesday after Thanksgiving on which thousands of Virginians give to a worthy cause that is meaningful to them, is coming up Tuesday, December 1, 2020. Additionally, as the end of the year approaches and the holiday…

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Charitable Giving From IRAs Under The Tax Relief Act

Charitable Giving From IRAs Under the Tax Relief Act

  • February 29, 2020
  • Northern Virginia Trusts & Estates

Many working Americans have contributed to tax-deferred 401(k)s and IRAs for decades. These retirement accounts provide income once they can no longer work. While these accounts grow interest-free, you must pay income tax on any money you withdraw during retirement. …

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The Advantages of Tax-Free Gifts

  • December 4, 2015
  • Northern Virginia Trusts & Estates

Those who make very large gifts during their lifetime may end up owing federal gift tax. But generally speaking, most ordinary gifts aren’t taxed. Only two states, Connecticut and Minnesota impose a state gift tax. Gift tax applies to gifts…

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Northern Virginia Trusts & Estates

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Fairfax, VA 22030
At the intersection of Rt 123 and Jermantown Rd in Oakton
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