Early Withdrawal from an IRA
If you have a lot of money in an IRA you might be interested in 72(t) distributions. They allow you to start taking a certain amount of money out now (and paying normal income tax on it) instead of...
View ArticleMoney Thoughts
Here is a short collection of money tips and thoughts as we reach the April 15th tax deadline. Homebuyers credit The home buyers credit expires after April 30. First time home buyers can get a $8,000...
View ArticlePrepare for Next Year’s Taxes
With tax season behind us, it is worth taking a few minutes to prepare for next year. As the deficit rises, it seems pretty difficult to imagine that our taxes won’t be going up in one form or another....
View ArticleFree Tax Preparation Sites
With April 15th rapidly approaching, many will start looking for fast, efficient ways to file taxes. The IRS has partnered with a number of sites to provide free online filings. This helps the IRS by...
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