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From the Headlines to your Bottom Line

Changing Jobs? What Will Become of Your 401(k) Balance?

If you're like most people, you'll change jobs perhaps even careers several times before you retire. When you make your next move, should your 401(k) funds move with you, or be rolled over into an IRA? Your decision could impact your ability to retire when you want to. Here are some issues to consider.
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FAQs about LTC Insurance and Your Taxes

Long-term care can be expensive. Rather than drain your hard-earned savings or rely on a generous family member, consider purchasing a long-term care (LTC) insurance policy to help cover the costs. In addition to providing benefits and peace of mind, many LTC policies offer tax breaks. Here are critical details you should know before signing up.
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Update on the New Business Interest Expense Limitation

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense. The IRS recently issued guidance in the form of proposed regulations. The business interest expense limitation is a permanent change for tax years that began in 2018. Thankfully, many businesses are unaffected. Here's what you need to know.
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How We Add Up

"Our clients rely on Fust Charles Chambers to provide innovative thinking by anticipating changes in tax laws, accounting methods and industry and economic trends. At other times, our clients depend on us to act as a sounding board for their ideas and concerns. We’re proud to be part of our clients’ team with the purpose of assisting them in attaining their goals and objectives."

- Joseph L. Charles, Partner