The Internal Revenue Service (2020) has issued a reminder to taxpayers that they are not required to take money out of their individual retirement accounts (IRAs) and
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There’s Still Time To Lower Your 2013 Tax Bill (Really!)
Still desperately searching for ways to lower your 2013 tax bill? Believe it or not, there’s still time…
Read MoreTaxes From A To Z (2013): H Is For Hardship Withdrawal
H is for Hardship Withdrawal. When resources are limited – especially in a tough economy – taxpayers look all over the place to pay bills,
Read MoreTaxes From A To Z: W Is For Wash Sale
W is for Wash Sale. “Just call it a wash.” How many times have you said that? If you’ve ever uttered those words, then you
Read MoreAsk The Taxgirl: Reporting Roth IRA Conversions
Taxpayer asks: In 2010 I converted 40K from a traditional IRA to a Roth IRA. According to the rules I was allowed to defer payment
Read MoreGot Stock? Cost Basis Rules May Impact Taxes
There’s a reason that the stock market continues to make news: over half of Americans own individual stocks, mutual funds, or stocks in a 401(k)
Read More7 Super Last Minute Tax Moves To Make
So here it is… After hours on Friday, December 30, 2011. You had the best of intentions to do some sort of tax savings strategy
Read More12 Tips For Year End Charitable Giving
In the tradition of tax years past, it’s the season to talk about charitable contributions! Charitable donations are an excellent way to reduce your tax
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