Debra Neiman, CFP, is and principal of Neiman & Associates Financial Services, a financial planning firm and registered investment advisor in Watertown, Massachusetts. She's also the co-author of the recently released book, Money Without Matrimony: The Unmarried Couple's Guide to Financial Security.
Here's what you need to know about the Tax Increase Prevention and Reconciliation Act of 2005, just signed into law, when it comes to your personal finances.