Identity theft is a new problem for all of us in today’s world on a daily basis. It DOES NOT occur ONLY during tax season. Your social security number can be used through-out the year. Many times, you may not be aware that someone has stolen your identity until you file your tax returns. I […]
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TAX INFORMATION FOR FIRST TIME EMPLOYEES
Summer is the time that most of our students experience their FIRST paid employment. What an eye opener! Welcome to the real world! This includes paying taxes to support the place where we live, our state and our nation. Those sidewalks and roads that you use to get to work are usually paid for with […]
CONSIDER OPENING A ROTH ACCOUNT NOW
Now is the time to consider a Roth IRA OR Roth 401-K plan. Open a new account using after tax dollars OR use funds from a traditional IRA or 401-K by converting some of these funds to a Roth plan. As stated in an earlier blog posted on June 19, 2013, the Roth is a […]
ROTH IRA’S DON’T MISS THIS OPPORTUNITY
Think of a Roth IRA as a long-term savings/investment account that you can add to annually or withdraw from when needed. There is no penalty or tax when withdrawing your contributions. The funds you earn on this account are tax free if the account is open for at least five years and you are […]