Key Retirement Birthdays: Age 70½Congress and the IRS decided that you cannot leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin mandatory withdrawals.
There’s Still Time To Do Last Minute Financial StuffThere is still time to do some last minute financial moves that will help for this year and 2016.
Mom & TaxesDid mom file her tax return this year? Ask her if she wants some help with her tax return.
The Taxes On Your InvestmentsInvestments that you hold for less than a year and then sell are considered short term investments and are taxed as ordinary income.
Getting Started On Your TaxesThe tax stuff has begun to arrive and for most of us it’s stacked on the kitchen counter.
Age 70½: The Magic Number For Mandatory WithdrawalsCongress and the IRS decided that you could not leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin your mandatory withdrawals.
Money Matters - Taxing Times: Taxes On Your InvestmentsWBZ's Dee Lee talks capital gains, losses, and dividends.
Money Matters - Taxing Times: Should You Itemize?Close to 48 million taxpayers take the time to fill out all those formidable long 1040s and use their deductions, over $1 trillion in deductions.