You’ve just finished filing your 2009 income tax returns, or you were too rushed and filed for an extension. And here I am talking about 2010 tax planning? Yes…I am.
You’ve just finished filing your 2009 income tax returns, or you were too rushed and filed for an extension. And here I am talking about 2010 tax planning? Yes…I am.
The time is drawing near. April 15th is right around the corner. What do you need to do before you file your income tax return?
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.
Last week we discussed the IRA. This week we’ll talk about the Roth IRA. Who is eligible for a Roth IRA? You need to have earned income at least up to the amount of the contribution. There is a phase…
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.