Search Results for “taxes ”

5 Estate Planning Mistakes Advisors Make 09/10/2021 12:00am • Financial advisors are in a unique position to quarterback a client's entire financial picture, including the all-important estate plan. As most advisors know, effective estate planning takes a whole team, including certified public accountants, estate and elder law attorneys, and insurance special

Revenue from legalized sports betting in DC produces more bust than boom 09/09/2021 06:54pm • Revenue from legalized sports betting in D.C. has fallen short of expectations, in part because gamblers don��t have a lot of options when it comes to placing those bets, according to a Sept. 9 report by the Office of the District of Columbia Auditor (ODCA). ODCA found that sports gambling in D.

Northam urges business leaders to require COVID-19 vaccines for employees 09/09/2021 01:04pm • This article was written by WTOP��s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com��s free email subscription today. Virginia Gov. Ralph Northam is urging business leaders to follow the lead of the state and federal governments and require their employee

What federal help is still available with jobless benefits, eviction protections ending 09/09/2021 08:00am • Americans are no longer protected from evictions or receiving beefed-up unemployment payments, but they are still benefiting from many other federal coronavirus rescue measures. More support may be on the way, as Democrats on Capitol Hill hammer out a 10-year, $3.5 trillion budget reconciliation

Alexandria police follow fire union, plead for boost in pay and hires 09/09/2021 04:53am • First, it was the firefighters of Alexandria, Virginia. This week, the city��s police union sent a scathing letter to city leaders demanding more staffers and a boost in pay. In an open letter to city leaders, Alexandria��s police union said years of mismanagement have taken a toll. ��These

What Is a Financial Consultant? 09/09/2021 12:00am • The financial services industry employs a mix of professionals, such as financial consultants and financial advisors, who use titles interchangeably to guide people on how to invest their money for retirement. These titles can be confusing to investors when they are hiring someone to manage their as

How to Take a 401(k) Loan 09/08/2021 12:00am • If you have a 401(k) plan through your employer and are in need of funds, you may be able to take a 401(k) loan. Borrowing from your 401(k) could provide a path to financial assistance without having to contact other lenders. However, there are also complex 401(k) loan rules and potential drawbacks

Ex-WFT running back Clinton Portis pleads guilty to health-care fraud 09/07/2021 04:59pm • Former NFL running back Clinton Portis pleaded guilty to defrauding an NFL player health reimbursement fund, as part of what prosecutors say was a nationwide scheme that included about a dozen other ex-NFL players. Portis signed the plea deal on Friday in a U.S. District Court in Kentucky. The

529 Plan Tips for Grandparents to Save for College 09/07/2021 12:00am • Grandparents looking to contribute funds to cover their grandchild's college costs often turn to a 529 plan, a type of account that provides tax benefits for education savings. But grandparents must take steps to get the best value from these plans and avoid hurting a student's financial aid option

How to Choose a Law School Specialization 09/06/2021 12:00am • It's perfectly fine for college students to arrive on campus with only fuzzy ideas about their careers. Many U.S. colleges provide a liberal arts education that promotes and rewards intellectual curiosity and versatility. College students often change their major, try out a wide range of courses and

DC rolls out resources for reporting employer mistreatment 09/03/2021 03:57pm • Workers in D.C. have gained a new resource geared toward making it easier to report employer mistreatment. D.C. Attorney General Karl Racine said he has formed a Labor Advisory Council to include "a diverse set of union representatives and leaders" providing outreach and education to workers. He

Prince George's Co. police veteran indicted on tax evasion, obstruction of justice charges 09/03/2021 11:42am • A 26-year veteran of the Prince George's County, Maryland, police department has been indicted on federal tax evasion and obstruction of justice charges, the U.S. Department of Justice announced Friday. According to a six-count indictment, Edward Scott Finn, 47, of Dunkirk, Maryland, allegedly de

Virginia governor hopefuls discuss abortion rights, COVID-19 at luncheon 09/02/2021 12:22am • Virginia's two major party candidates for governor attended an event in Tysons Wednesday, and each had something to say about the new Texas law banning abortions after the detection of a fetal heartbeat, typically at about six weeks. "I cannot tell you how dangerous this is for women," Democratic

10 HSA Eligible Expenses 09/02/2021 12:00am • Anyone with a qualified high-deductible health insurance plan can open a health savings account, also known as an HSA. Money deposited into these accounts is tax-deductible and can be used tax-free to pay for eligible medical expenses. "The definition (of eligible expenses) is so vast that it cover