July 27, 2016

Don’t Be Forced Out Of A 401(k)

When you change jobs and abandon vested amounts in your 401(k), your former employer has to follow IRS rules and plan provisions for dealing with your […]
May 18, 2016

Keep Track Of Summer Rental Income

Are you thinking of signing up with one of those websites that link travelers to property owners with space to spare? If you plan to offer […]
April 11, 2016

Give Yourself More Time To File

Can’t finish your federal income tax return by the April deadline? Requesting an extension to shift the due date to October 17, 2016, takes three steps: […]
March 9, 2016

Get Credit For Retirement Contributions

Did you make contributions to a traditional or Roth IRA, a myRA, or a SEP or SIMPLE plan in 2015? You may qualify for the Retirement […]
March 2, 2016

Who Can Be Your Dependent?

You might believe a “dependent” is a minor child who lives with you. While that is essentially correct, dependents can include parents, other relatives and nonrelatives, […]
February 24, 2016

What’s The Penalty For Not Having Health Insurance?

Did you have health insurance in 2015? If not, you may owe a penalty on your federal income tax return. For 2015 returns, the penalty is […]
December 2, 2015

Should You Increase Your Withholding?

Will the federal income tax withheld from your wages be enough to meet your 2015 federal income tax liability? If not, you can choose to make […]
November 24, 2015

Raiding Your 401(k) Is Not A Good Idea

When you’re short of cash, raiding your 401(k) plan may seem like a good idea. Here are two reasons why it isn’t. Penalties and taxes. If […]
November 11, 2015

2016 Health Care Enrollment

The health insurance Marketplace (www.healthcare.gov) “open enrollment period” began November 1 for 2016 individual health insurance coverage. Open enrollment is the annual period of time during […]