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Busey Bank

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Recent Posts

Recognizing Tax Scams

Many people have fallen victim to tax scams—costing them not only a significant amount of money, but also their...

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Tax Considerations for Separating & Divorcing Couples

While there are many considerations for couples separating or divorcing, one impacted area that can often be overlooked...

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Preparing for Tax Season and Document Retention

A new year is a good time to start thinking about what you'll need to do before filing your taxes. It should come as no...

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Tax Checklist for Newlyweds

As you begin your new life as a married couple, you’re likely not thinking about your taxes. After saying “I do”,...

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Holiday Shopping Tips

‘Tis the season for the holiday shopping surge! Unfortunately, as shopping increases, so do attempted financial scams...

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Charitable Giving Can Be A Family Affair

As families grow in size and overall wealth, a desire to "give back" often becomes a priority. Cultivating...

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Making Tax-Free Gifts of Tuition

The annual gift tax exclusion allows someone to give up to $16,000 (in 2022) to any person in a calendar year ($32,000...

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Celebrate Small Business Saturday

Saturday, November 26, 2022, is Small Business Saturday—a day to celebrate and support small businesses and all they do...

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Charitable Contributions from IRAs

Did you know that, if you are at least 70½ years old, you can make tax-free charitable donations directly from your...

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Funding a Roth IRA

With the potential for tax-free retirement income, Roth Individual Retirement Accounts (IRAs) may be appealing...

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