Check here from time to time for relevant, practical, and interesting facts you may find useful. For further information please don't hesitate to contact us.
DID YOU KNOW
- That paying a 13th mortgage payment per year can increase your mortgage interest tax deduction for the year? On average, that will reduce the payment period for a 30-year mortgage by up to 7 years?
- That when taking a required minimum distribution from an IRA after your 70 1/2 year birthday, you have until April 1 of the following year to take the distribution without penalty?
- That paying your state's 4th quarter estimated taxes by December 31 of that year, before the January 15 deadline, qualifies them as a federal tax deduction?
- That paying your children's or grandchildren's tuition or medical bills directly to the institution does not count against your annual gift exclusion of $11,000 per person?
- That in many cases investment management fees can qualify as a tax-deductible expense?
- That interest from some government bonds is exempt from state income taxes?
- That Appleton has a mutual fund for smaller accounts that mirrors our equity strategy?
- That Appleton has the ability to offer you trustee services through its joint venture of Cambridge Appleton Trust?