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7 Easy Ways to Decrease Your Income Tax and Keep More Money

Posted in Tax News on July 24, 2012

 1) Maximize Your Contributions to Your 401(k) Plan Many employers will offer a 401(k) plan. Employees need to take advantage of this plan. This will likely be one of the cornerstones of your retirement plan. If your employer offers a…

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9 Easy Steps for a Mid-Year Tax Review

Posted in Tax News on June 12, 2012

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Half of the year is almost over.  Don’t wait until the end of the year to do your planning. It’s time for your Mid-Year Tax Review.  …

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The Roth IRA Conversion…It's About Time

Posted in Tax News on March 5, 2010

In 2010, everyone can do a Roth IRA Conversion (“Conversion”).  What is a Roth Conversion?  It’s when you take money out of your IRA, tax it, and convert it into a Roth IRA.

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Year-End Tax Planning

Posted in Tax News on October 20, 2009

Year-end tax planning could be especially productive this year, timely action can get you tax breaks that won’t be around next year unless Congress extends them.

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