The Internal Revenue Code says that if you receive a distribution from an IRA, you can’t make a tax-free (60-day) rollover into another IRA if you’ve already completed a tax-free rollover within the previous one-year (12-month) period. The long-standing position of the IRS was that this rule applied separately to each IRA someone owns. Earlier…
Check your Social Security statement for accuracy. Your future benefits are based on earnings reported. Learn more in this Financial Tip.
Individuals may be able to deduct certain employment expenses as miscellaneous itemized deductions. Learn more in this Business Tip.
By failing to make our update your Will, you may be accidentally disinheriting your heirs. Learn more in this Financial Tip.
Before you make an investment in Holiday Cheer, tax Dr. Gene’s advice: “Always do your homework.” Hot Chocolate, Jingle Bells, Fruitcake, Wrapping Paper, Poinsettias and the Times Square Ball Drop—See how these have changed over time.
Don’t forget what comes right after the holidays: tax season! Avoid potential penalties on your return with these tips. Read all about it in this Tax Tip.
Despite lower gas prices, the IRS is increasing the standard mileage rate for 2015. We list them in this Tax Tip.
A way to provide for your family and help a non-profit organization is to establish a charitable trust. We explain in today’s Marietta Daily Journal. Read the Article
Dreading your 2014 taxes? We have a checklist of strategies that might help you save on taxes before year-end. Read more in this Tax Strategist.
If you itemize deductions on your income tax return, you can generally deduct your gifts to qualified charities. Learn more in this Tax Tip.
