Get your IRA deduction date straight

Although the IRS tax code seems to grow in complexity each year, taxpayers might like to think that IRA contribution rules would be fairly consistent with regard to contribution dates.? Unfortunately, consistency is not the case pertaining to various types of IRA?s.?...

Tip: Make non-deductible contrib to IRA

If your income will be too high for 2014 to contribute to a Roth IRA this year, consider making a non-deductible contribution to an IRA to convert to a Roth before December 31st.

Tip: Roll over previous retirement accounts

This Fall, consider rolling your old retirement accounts held at a previous employer into your current employer’s 401(k) or 403(b) plan to consolidate your finances.

8 Tax Savers for Parents

From IRS Tax Tips: Your children may help you qualify for valuable tax benefits. Here are eight tax benefits parents should look out for when filing their federal tax returns this year. 1.?Dependents.? In most cases, you can claim your child as a dependent. This...

Checklist to Cut 2013 Taxes

Take a peak at Andrew’s article for Oncology Practice Management. Lots of tips to cut your 2013 taxes and advice for 2014.