Optimizing your deductions and credits during tax season can lead to substantial savings. Learn how in this comprehensive tax filing checklist!| Tencap LLC
If you own a small business or are self-employed, use this IRS guidance to determine if you need to file form 1099 or some other information return.| www.irs.gov
Sometimes I receive questions from people who are doing a qualified charitable distribution (QCD) for the first time and something doesn’t go the way they expected. Most often:| Oblivious Investor
When the additional 10% tax on early distributions from retirements plans does and does not apply and how to report it| www.irs.gov
Prepare and file your federal income tax return online for free. File at an IRS partner site with the IRS Free File Program or use Free File Fillable Forms. It's safe, easy and no cost to you.| www.irs.gov
Determine if you should report on your tax return assets (cash or property) moved from one IRA or retirement account to another.| www.irs.gov
IR-2023-215, Nov. 16, 2023 — The Internal Revenue Service today reminded individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity tax-free each year.| www.irs.gov
If you want to move your IRA funds from one account to another, you'll choose either a transfer or a rollover. Open an account with Accuplan to transfer funds.| Accuplan
Topic No. 557 Additional Tax on Early Distributions from Traditional and Roth IRAs| www.irs.gov