I is for IRA Rollover. An individual retirement account (IRA) is type of retirement plan that allows you to set aside money for later use.
Read MoreTag: IRA
Taxes 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 More11 Tax-Favored Valentine’s Day Gifts For 2013
“Love is much nicer to be in than an automobile accident, a tight girdle, a higher tax bracket or a holding pattern over Philadelphia.” – Judith Viorst, children’s author and tax activist
Read MoreSunday Mailbag: The Hot As Hades Edition
According to the Weather Channel, it feels like 92 degrees right now. I firmly believe that it should never feel like 92 degrees in the
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 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 MoreDeduct This: History Of The IRA Deduction
Remember Studebaker? Studebaker was a manufacturing company that started in 1852 in South Bend, Indiana, making wagons for farmers, miners, and the military. Ten years
Read MoreAsk The Taxgirl: Figuring The Tax On Joint IRAs
Taxpayer asks: My mom and I have a joint IRA. She is 73 years old and I am 45 years old. How do we figure
Read MoreAsk The Taxgirl: Are IRAs Taxable?
Taxpayer asks: Last year, I cashed in my IRA to pay off some doctor bills. I lost my job and couldn’t pay but I did
Read MoreAsk The Taxgirl: IRA Contributions
Taxpayer asks: What’s the maximum contribution to an IRA for 2008? What about 2009? What happens if I go over? Taxgirl says: Argh! Retirement plan
Read More