The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
Hello I performed a Roth conversion earlier this year, converting a 100%
pretax IRA to a Roth (knowing that I'll pay income tax on the full
pre-tax amount).I'm wondering now that my pre-tax IRA balance is at 0 if
I could do in the same year a non-ded...read more
I set up a 529 account (Ohio) for my Grandson. I contributed $75,000 for
2025, but want to contribute a total of $150,000. What is the next step?
When I file my taxes for 2025 do I report this amount? Can I contribute
the full amount in 2025 or shoul...read more
I am a 70 year old woman caring for her disabled adult son. I received
nontaxable Medicaid waiver payments according to Notice 2014-7 and also
SS benefit and some interest from retirement accounts.My question is
regarding the Social Security benefit ...read more