IRS April 3, 2026
More than 4 million children have signed up for the savings plans known as “Trump Accounts,” with a quarter of them eligible for seed money from the federal government, the IRS said this week.
April 16, 2015
Facing end-stage renal disease, Charlie Davis began using legally prescribed marijuana through New Jersey’s Medicinal Marijuana Program in 2013. A five-year employee with New Jersey Transit, he was “bumped” from his job as a lead clerk by a more ...
April 14, 2015
The new Pub. 590-B applies to 2014 tax returns filed in 2015. Two aspects that have often befuddled taxpayers in the past are the RMD rules for Roth IRAs and the options available when inheriting traditional IRAs.
April 10, 2015
More than twice as many U.S. adults cited having enough money for a comfortable retirement (28 percent) and providing their children a debt-free education (23 percent) as the best indicator of financial success than did owning a home.
April 9, 2015
The U.S. Bureau of Labor Statistics recently reported 2.7 million people quit their jobs in February, up by nearly a quarter million year over year, and separate research suggests below-market compensation could be one of the causes of continuing turnover. In a new survey from global staffing firm Robert Half, one in four (25 percent)...…
April 8, 2015
Americans are most nervous about outliving their money in retirement and feeling stressed about healthcare costs, according to a new survey from the American Institute of CPAs.
April 3, 2015
What should you be doing in your payroll practice this month? Here's your Payroll checklist for April.
March 25, 2015
As you’re working through federal income tax returns of clients during the home stretch, you hold a veritable ace up your sleeve: the IRA contribution. For clients who qualify, a contribution made by the tax return due date – April 15, 2015 for ...
March 25, 2015
This is no April Fool’s joke: After a taxpayer reaches age 70½, he or she must begin taking required minimum distributions (RMDs) from traditional IRAs and qualified retirement plans, like a 401(k), by April 1 of the following year. And then the ...
March 23, 2015
Taxpayers still have time to decrease their 2014 taxes by contributing to an IRA. In most cases, doing so can help them qualify for a deduction or even a tax credit.
March 23, 2015
Special tax rules apply to military members on active duty and in the reserves, particularly those serving in combat zones. These can help lower federal taxes and make it easier to file tax returns.
March 19, 2015
March happens to be the one of the few times of year that men spend more than women. Nearly half (49%) of males would spend on March Madness compared to fewer than 3 in 10 (29%) females shelling out dollars for the Big Dance.
March 19, 2015
The April 1 deadline applies to owners of traditional IRAs but not Roth IRAs. Normally, it also applies to participants in various workplace retirement plans, including 401(k), 403(b) and 457 plans.