Roth Solo 401(K)s for (Very) Small Businesses
The Tax Cuts and Jobs Act (TCJA) of 2017 was not officially focused on retirement planning, but it has had a major impact on the choice of retirement plans. After-tax
Find What Your Looking For
Category: Tax
Make A Deductible IRA Contribution For 2018 – it is Not Too Late!
Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a deductible traditional individual retirement account (IRA) contribution for
April 15
Individuals: File a 2018 income tax return and pay any tax due by April 15 (if you live in Maine or Massachusetts, the filing deadline is April 17). If you
Stretch Your College Student’s Spending Money with The Dependent Tax Credit
If you are the parent of a child who is age 17 to 23, and you pay all (or most) of their expenses, you may be surprised to learn you
Still Working After Age 70½? You May Not Have to Begin 401(K) Withdrawals.
If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from the plan no later than April 1 of the year
Vehicle-Expense Deduction Ins & Outs for Individual Taxpayers
It is not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax Cuts and Jobs Act (TCJA) might reduce your deduction
The 2018 Gift Tax Return Deadline Is Almost Here
Did you make large gifts to your children, grandchildren, or other heirs last year? If so, it is important to determine whether you are required to file a 2018 gift
March 15
Partnerships: File a 2018 calendar-year return (IRS Form 1065). Provide each partner with a copy of Schedule K-1 (IRS Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or a
Some of Your Deductions May Be Smaller (Or Nonexistent) When You File Your 2018 Tax Return
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized deductions that have been valuable to
The New Math of Municipal Bonds
Stock market volatility has some investors thinking about putting some money into bonds, which historically have offered relatively stable prices. One key decision facing bond market investors is whether to