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A new tiered tax rate on the endowments of wealthy colleges and universities could affect spending on financial aid, research, and other college programs.
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Here are some steps to help handle challenging times and potentially emerge even stronger.
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Having a conversation with parents about their finances is an essential step in helping to ensure their financial well-being as they get older.
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New tax rules will determine the deductibility of donations in 2026 for better or worse, which means taxpayers may want to rethink the timing and amount of their donations for 2025 and beyond.