Financial Planning for 2009
The end of 2008 has left many people a bit poorer and nervous about what 2009 will bring. Although 2008 was a tough year, there are steps you can take to repair your finances and secure your financial future. Ensuring you have an adequate emergency fund, reassessing your retirement goals and progress, and planning for college are just a few of the steps you should take now. Our FP Resources section contains important information that can help you get started.
2008 US Tax Law Changes
In 2008, Congress passed several new tax law changes impacting individual returns. These changes include a new refundable tax credit for first-time homebuyers; a new additional standard deduction for state and local real property taxes; and new limitations on Section 121 capital gain exclusions for sales of a principle residence. For more details, visit our Latest Tax News on the left menu.