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Investment

7 Year-End Tax Tips

During the month of December, consider these year-end tax tips that could save you money when April 15th comes around. 1) Give to Charity If you…


What Is a Tax Levy?

Information About Federal Tax Levies   If you owe back taxes, the IRS may place a tax levy on your property and/or assets. A tax…


Tax Tips for Retired Persons

Special Tax Considerations for When You Retire Many people believe that once they retire, they will pay less in taxes due to a lower income.…


Are You Subject to the Alternative Minimum Tax (AMT)?

Learn About AMT Rules & Guidelines   The Alternative Minimum Tax (AMT) is basically an income tax system that runs parallel to the regular income…


IRAs and Your Taxes

Tax Information for Individual Retirement Arrangements (IRAs) Saving for your retirement through individual retirement accounts (IRAs) can have a significant impact on your taxes. IRAs…


The Differences Between Taxable And Non-Taxable Income

Learn the Differences Between Taxable and Non-Taxable Income   As many are still recovering from the Great Recession, the idea of having income (or even…


What happens in your IRA stays in your IRA

Whether your IRA goes up or down, your accountant does not need to know about it during tax season.NEW YORK (MainStreet) — We’ve all heard…


Can The Windfall Tax Affect You?

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_Windfall_Tax_Impacts.mp4"][/video]   The windfall tax is deceptively simple. When you receive a windfall — whether it’s an inheritance from a relative, winnings…