Federal and state tax laws often include specific provisions that can help taxpayers reduce their tax liability. However, the provisions are sometimes obscure or difficult to understand, thereby leaving taxpayers unaware of potential benefits. This article focuses on important tax considerations for families with special needs and describes ways they can save money on taxes. […]

While 2023 federal tax changes will certainly have an impact on families with special needs, several states have also made tax changes this year that will impact such families. Keep reading to learn about the 2023 state tax changes that most benefit families with special needs. 2023 Alabama State Tax Changes As of January 1,

Changes in tax laws affect some families more than others. Some tax changes can have a profound impact on the financial outcomes of families that have a loved one with special needs. Given their unique challenges and circumstances, changes to rules regarding tax brackets, deductions, credits, flexible spending accounts and other tax-advantaged accounts, capital gains