A third of the priests said to be accused in the report were from the Pittsburgh diocese, where Washington’s archbishop had served as bishop for 18 years. The cardinal said he’s not named in any criminal capacity. He also defended how abuse allegations were handled under his watch, and believes the report will support that.
The Kiddie Tax prevents parents from shifting securities to their kids, but some income-shifting strategies are still available and can save a lot over the course of years. Two wealth advisers explain.