Read This First Before Tapping Your Retirement Savings
Your 401(k), IRA or other retirement accounts may be a tempting source for cash if you find yourself short of funds or have a major purchase you are c…
Month: March 2022
Video Tips: What to Do When You Can’t Pay Your Taxes
Most taxpayers will receive a refund when they file their income tax returns. But what if you end up owing the IRS and can’t pay it back immediately? Watch this video for some possible solutions to minimize your tax penalties and interest.
Cash Flow Solution for Seniors
The annual inflation rate in the U.S. accelerated to 7.5% in January of 2022, the highest since February of 1982, hitting those on fixed retirement in…
Charitable Tax Deduction Peculiarities
Charitable contributions are deducted as part of a taxpayer’s itemized deductions on IRS Schedule A, except for the special 2020 and 2021 provis…
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