Tax Tips & More
Did You Overfund a 529 Plan? Consider a Roth IRA Rollover
What happens if your child or other beneficiary doesn’t use all the money in the 529 account or decides not to go to college?
Young Adults Should Take Advantage of IRAs
As we navigate the complexities of financial planning, one opportunity stands out for young adults: individual retirement accounts (IRAs).
Adjusting for the New Retirement Plan Catch-Up Contribution Rules
The SECURE 2.0 Act, enacted in late 2022, is changing your retirement plan’s ability to allow catch-up contributions.
Best Practices When E-Filing Returns
Avoid future problems by following these best practices for e-filing.
Common Mistakes in Tax Preparation
Avoid errors that can occur when preparing tax returns by learning these common mistakes.
What Are Your Chances of Being Audited?
These red flags could increase your chances of the IRS selecting your return for audit.
November 2024 Tax Due Dates
November 12: Tips for October 2024 reported to employer
December 2024 Tax Due Dates
December 10: Tips for November 2024 Reported to Employer (Form 4070)
December 31: Contribution to employer-sponsored retirement plan for 2024 (401(k), 403(b), 457 or federal thrift savings plans)
December 31: Required minimum distribution (RMD) by individuals who are 74 or older at the end of 2024
January 2025 Tax Due Dates
January 10: Tips for December 2024 reported to employer
January 16: Estimated tax payment for 4th quarter of 2024
January 16: Farmers and fishermen pay estimated tax for 2024
January 31: Deadline to file and pay 2024 taxes in full if not making an estimated tax payment in January