Taxpayers of all ages may be able to claim a deduction on their 2020 tax return for contributions made to their Individual Retirement Account made through May 17, 2021 - and unlike in past years, there is no longer a maximum age for making IRA contributions.

Reviewing and updating estate, retirement plan, insurance, and other financial documents should be a priority after a divorce.

As tax season comes to a close, you realize exactly how much you paid in taxes and naturally will ask the question, “what can I do to reduce my taxes next year?”