Social Security and Income Taxes – will you have to pay them?
Social Security still makes up a large chunk of the retirement income pie (about 35% for the average American). It may come as a surprise to some that up to […]
Tax Breaks for the Newly Retired
Because federal tax law reaches deep into all aspects of our lives, it’s no surprise that the rules that affect us change as our lives change. This can present opportunities […]
Timing Tax Payments in Retirement
For most of us, during our working years we give little thought to paying taxes due on income, other than knowing that a lot of our gross pay disappears because […]
…To All a Good Night
One last tip for the year: we’re often asked about paperwork, what needs to be kept and what doesn’t. As I’m sure many will be turning their attention to gathering […]
Congress Makes Permanent the Qualified Charitable Distribution from IRAs
With the passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015, Congress once again retroactively reinstated many of the tax extenders that were renewed and then expired […]