Congratulations! You’re engaged. You’re on your way to walking down the aisle on the happiest day of your life. There’s a lot to do to plan for the wedding. Find a location, book a caterer, find a dress, pick out a cake, and oh so much more. But there’s one more thing engaged couples should…
engagement ring
Why your engagement ring was a bad investment
According to the Journal of Accountancy, the IRS has increased resources devoted to scrutinizing alimony. As is well known amongst divorcing individuals and financial professionals, the tax code allows the payor of alimony to deduct it from taxable income, while the recipient must include it in taxable income. So if Kevin pays Kate $30,000 of…
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