Planning for retirement is a crucial aspect of financial well-being, and the Internal Revenue Service (IRS) offers various tax-advantaged strategies to help individuals save and invest...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/27/2023
One of the smart money moves one can make toward retirement is to roll over your 401(k) to your Individual Retirement Account (IRA). This is especially good for people adjusting...
Posted by KLSM CPA Firm PLLC on 06/15/2023
You are definitely in good company if you receive your tax refund this year. Every year, millions of taxpayers get a lot of money from the IRS as soon as they file their returns. But...
Posted by Rosovich & Associates, Inc. on 09/10/2022
Your credit can take the biggest hit after bankruptcy - the negative sign can stay on your credit report for ten years. But you can rebuild your credit with hard work and responsible...
Posted by Taxes Made EZ Inc on 07/06/2021
Every taxpayer needs to ensure they get all the credits and deductions that they qualify for, as this is the only way to legally reduce your tax bill. Uncle Sam does not care...
Posted by Karen Munoz, EA on 09/26/2021
Changing jobs in today's economic climate is no small task. Not only did you get the attention of your new employer with your CV, but beat the competition for the position which...
Posted by John Pournaras Agency on 01/02/2020
This new year, you may have come up with several resolutions to be able to live a better life and achieve your long time goals. Changing jobs may be one of the things you’re...
Posted by John Pournaras Agency on 03/01/2019
While a majority of individuals who contribute to their retirement accounts will not be making withdrawals until after their retirement, others may find themselves in a financial position...
Posted by Financial Business Solutions on 03/26/2016
If you are switching jobs, you may be tempted to cash out your existing 401K. However, this may not be the best option because of the taxes and penalties associated with cashing this...
Posted by RICHARD G OSBORNE CPA on 03/18/2016
