How are you going to file?

In this article, we will look at changes required for 1099s.

The stretch IRA isn’t really a savings vehicle—it’s an estate-planning strategy for extending the life of an IRA across multiple generations, enabled by IRS interpretation of the tax code.

For the last several years, taxpayers have faced great uncertainty determining whether they can depend on tax incentives to help them lower taxes. These have become known as the “51 Tax Extenders”. Last December, Congress extended most of these provisions for one year retroactively to the beginning of 2014, but not going forward, so they expired again at the end of 2014.

The fourth quarter is often make-or-break time in sports. Likewise, tax-cutting steps you take in the last three months of the year can transform a financial plan into a bona fide winner.

Before you put your 2014 federal income tax return in the virtual or physical file drawer, check for items that can affect your 2015 planning. Here are three: