Category: Taxes
How to Avoid the 10% Early Withdrawal Penalty

How to Avoid the 10% Early Withdrawal Penalty

How to Avoid the 10% Early Withdrawal Penalty Consider your options before you decide If you will be separating service from your company and are under age 59 ½, withdrawing money from your IRA account could expose you to a 10% penalty.

Avoiding Common 1040 Mistakes

Avoiding Common 1040 Mistakes

Don’t let these slip-ups creep into your federal tax return. No one wants to delay their federal tax refund. As you certainly don’t, filling out your 1040 form correctly is essential. Here are some common 1040 mistakes to avoid.

The IRS Dirty Dozen List

The IRS Dirty Dozen List

Each year, the IRS lists the top 12 recurring federal tax offenses – frauds, cheats, feints and schemes that ethically challenged taxpayers, tax preparers and crooks try to perpetrate. Watch for these scams in all seasons, not…