Latest From the Blog
Tax Tip of the Week | An IRA/Charitable Contribution (QCD) for Year-End Planning
Don’t wait until the last few weeks of the year to consider your IRA actions.
Tax Tip of the Week | When to Ignore the Crowd and Shun a Roth IRA Conversion
The benefits of a Roth conversion are numerous.
Tax Tip of the Week | No. 356 | Charitable IRA Distributions
A person must take a Required Minimum Distribution (RMD) from their IRA each year once they reach age 70.5.
Tax Tip of the Week | No. 279 | What New IRA Rules Mean for Your Retirement Account
A few folks thought they could use their individual retirement accounts for short-term loans to themselves. The Internal Revenue Service was not amused. Starting in 2015, new rules apply for withdrawing money from an IRA with the aim of rolling it into another IRA investment, taking possession of the funds yourself in the process.
Tax Tip of the Week | No. 270 | IRS Issues 401(k) After-Tax Rollover Rules
The IRS has issued new rules for taking after-tax money out of a 401(k), and they are taxpayer-friendly.
Tax Tip of the Week | No. 269 | The Surprise IRA Tax
While preparing 2012 individual tax returns in early 2013, we noticed a trickle of problems on Schedule K-1 from partnership investments in IRAs. That trickle became a flash flood this latest tax season.