Aug 20, 2026
Updated: August 20, 2026 While taking a look at the taxation of long-term care insurance (LTCI), several questions arose depending on which side of the coin you are on, and when that coin was minted (so to speak). 1997 plays a pivotal role in qualifying an LTCI...
Feb 23, 2026
Tax updates can feel tedious, but they matter more than most people realize. Each year, the IRS adjusts income thresholds, contribution limits, deductions, and credits that directly affect how families save, give, and plan for the future. Scripture calls us to act...
Dec 1, 2025
As 2025 comes to a close, now may be the ideal time to review your tax strategy and find potential opportunities. The steps you take before the end of the year might help you reduce your tax bill. Here are some ideas to consider. Save now, have more later: If...
Dec 11, 2024
As the year winds down, it’s easy to feel like there’s no time left to make a meaningful impact on your tax situation. But don’t worry—there are still last-minute moves you can make to maximize deductions, reduce your taxable income, and set yourself up for a stronger...
Oct 23, 2024
Most people don’t want to pay more in federal income tax than they absolutely have to. With that in mind, here are five things to consider when it comes to keeping more of your income. Postpone your income to minimize your current income tax liability By...
Sep 16, 2024
Selling a primary residence can create unexpected tax exposure, particularly when a property has appreciated significantly over time. At Stone Oak Wealth Management, we regularly guide families through the capital gains implications of a home sale so they can make...