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New Changes to Your HSA

Your health savings account (HSA) can be your one of your best friends when medical expenses hit, allowing you to tap a fund of pre tax money to meet ever spiraling health care costs. Here are the latest numbers Source
Posted On 22 Apr 2015

ID Tax Theft: What to Do Next

Your letter from the Internal Revenue Service says a bogus tax return was already filed in your name. Or your electronically filed return bounces back because fake returns are already on file with your Social Security number ( SSN ). Source
Posted On 22 Apr 2015

How Retired Military Can Reduce Next Years Tax Bill Now

My husband retired from the military last year and started a new job. I just filed our tax return and was surprised that we owed money because of his military pension. What can we do to avoid owing a Source
Posted On 21 Apr 2015

How to Reduce Next Years Tax Bill Now

My husband retired from the military last year and started a new job. I just filed our tax return and was surprised that we owed money because of his military pension. What can we do to avoid owing a Source
Posted On 20 Apr 2015

A consumption tax is bad for America and worse for America’s small businesses

If not already, you’ll soon hear about two consumption tax alternatives to accomplish tax reform: a value-added tax (VAT), and the “Fair Tax,” which is a national sales tax. A  VAT  is added to products incrementally in the steps of the production/distribution process and passed...
Posted On 14 Apr 2015

Tax Day Freebies and Deals

Filing your tax return can be stressful, but, fortunately, some companies help make April 15 a little less taxing. That’s because they offer freebies and special deals that taxpayers can look forward to on and around Tax Day. Here’s Source
Posted On 13 Apr 2015

Retirees, Reduce Your RMDs with a Roth Conversion

I turned 65 this year. I am retired and living on my pension. I will have to take required minimum distributions from my IRA when I turn 70 1 2. How should I reinvest the RMDs from my IRA Source
Posted On 08 Apr 2015

Calculating the Cost Basis of Inherited Stock

I inherited stock from my dad, who passed away on a Saturday in 2010. I sold the shares in 2014, and I am trying to figure out the cost basis for my taxes. When stepping up the cost basis, Source
Posted On 08 Apr 2015

Lowering Your 2015 Taxes

With 2014 well over and the spring of 2015 looming, you may find yourself gathering all of last year’s tax information and getting ready to file your income taxes. Maybe you expect a refund or maybe you dread writing Source
Posted On 06 Apr 2015

Recognizing Tax-Scam Callers

While the Internal Revenue Service may not be your favorite federal agency, criminals posing as IRS representatives are unquestionably the much bigger problem. Here’s what to know to protect yourself. Scammers set increasingly treacherous traps for swindling...
Posted On 06 Apr 2015