· Recent College Grad? Moved for your first job? There’s a deduction for that and much more, even including student loan interest paid by Mom and Dad.
· Recently Divorced? – This one can be tricky. How do you reconcile child exemptions, legal fees, asset transfers, home sales and more?
· Newly Widowed? – Questions about filing status, life insurance, inheritance and more? Financial advisors are here to help you sort these complicated questions out.
· Home Owners – Tax deductions for home sales, property taxes, mortgage insurance, mortgage interest and home improvements – figure out which ones you can take advantage of.·
Parents – Child tax credits, dependency exemptions, deductions for childcare and more – find out how your tax refund can offset the high costs of parenting.
In addition to tax topics, financial advisors are available to provide the best solutions to all your financial questions – everything from saving for college to investing to paying down debt.
Participants can submit questions in advance and throughout the live chat, or simply read and learn from fellow taxpayers’ real-life queries. Participants can also view questions and answers, as well as ask for financial advice, by using the #MaximizeMoney hashtag on Twitter.
WHO: NAPFA financial planners, who will be providing free financial advice to the public
WHEN: Thursday, February 18, 2016 – 9:00am ET-5:00pm ET
WHERE: The Kiplinger’s Personal Finance website: live.kiplinger.com
For nine decades, the Kiplinger organization has led the way in personal finance and business forecasting. Founded in 1920 by W.M. Kiplinger, the company developed one of the nation's first successful newsletters in modern times. The Kiplinger Letter, launched in 1923, remains the longest continuously published newsletter in the United States. In 1947, Kiplinger created the nation's first personal finance magazine. Kiplinger.com is the fastest growing Web site in the personal finance space. Located in the heart of our nation's capital, the Kiplinger editors remain dedicated to delivering sound, unbiased advice for your family and your business in clear, concise language. Become a fan of Kiplinger on Facebook or Kiplinger.com and follow Kiplinger on Tumblr and Twitter.
Since 1983, The National Association of Personal Financial Advisors (NAPFA) has provided Fee-Only financial planners across the country with some of the strictest guidelines possible for professional competency, comprehensive financial planning, and Fee-Only compensation. With more than 2,600 members across the country, NAPFA has become the leading professional association in the United States dedicated to the advancement of Fee-Only financial planning.
About The NAPFA Consumer Education Foundation
The NAPFA Consumer Education Foundation is built upon the expertise of the National Association of Personal Financial Advisor’s 2,600 members and its high standing within the industry. The Foundation makes grants to organizations that demonstrate the ability to educate consumers about basic personal financial issues. The Foundation will partner with recognized educational organizations to expand the breadth, depth, and distribution of consumer financial education programming, including materials developed by NAPFA.