Posts by Wendy Shick, CPA, CFP, Principal:
Should I Pay Taxes Now or Later for My Roth IRA?
March 30th, 2011If you took advantage of last year’s law change allowing you to convert your IRA to a Roth IRA, you face a big all-or-nothing tax payment decision on April 18: pay the taxes on your pretax contributions and gains in 2010, or split the tax bill between 2011 and 2012. Read the rest of this entry “
Did the IRS revise the federal tax deadline and date to accept itemized returns?
February 2nd, 2011The IRS will not accept federal returns from taxpayers who claim itemized deductions until February 14. The delay is necessary for the IRS to program its systems to accommodate tax breaks included in the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. Read the rest of this entry “
What Will You Do With Your Two Percent Salary Increase?
January 17th, 2011When Congress passed the Tax Relief, Unemployment Insurance Reauthorization and Jobs Creation Act of 2010 during the lame duck session late last year, one element of the bill puts more money in the pockets of employees through a one-year cut in Social Security taxes. Read the rest of this entry “
Is it time for your six month financial check-up?
August 6th, 2010It’s hard to believe, but 2010 is already half-way over. How are you doing at hitting your financial goals for the year, and are you taking advantage of the tax benefits this year is bringing? It’s time to consider a six-month financial check-up. Here are some items to consider for the remainder of the year. Read the rest of this entry “
Should I Convert to a Roth IRA?
May 14th, 2010We’ve heard a lot about the benefits of converting your traditional IRA to a Roth IRA over the past several months, and you probably already know the decision has many considerations. Here are three more to consider: Read the rest of this entry “
