Article Published by: money.cnn.com Most people worry at least a little about whether they'll have enough money to be comfortable once they retire -- and they're right to be concerned; 66% of Americans have less than $50,000 in retirement savings, which is nowhere near enough to...
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Article Published by: taxpayeradvocate.irs.gov In the past, I’ve written extensively about penalties – touching on topics of fairness, equity, and whether penalties are effective in promoting taxpayer compliance. See my 2014 Most Serious Problem and my 2008 study: A Framework for Reforming the Penalty Regime. Today,...
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Article Published by: mjscpa.com When you go to open a new bank account, you will have a variety of account types and features to choose from. Should you choose the basic checking option or an account that earns interest? Do you want the convenience of a...
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Article Published by: msn.com Here are the six major kinds of personal debts that can result in a tax refund offset, along with some advice about what you can do if it ever happens to you. Federal Income Taxes– If you owe back income taxes, your refund can...
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Article Published by: money.usnews.com Paying taxes may not be your favorite part of having your own business or working as a freelancer. It can be a headache to keep up with what you owe and when it needs to be paid. However, the more you understand...
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Article Published by: huffingtonpost.com Fall is here. It’s time for thinking about cooler weather, Thanksgiving, falling leaves – and taxes? While Congress debates changes to our tax codes, a few hours spent on your taxes now can produce benefits in April with the savings of both...
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Article Published by: money.cnn.com Turning 30 is a pretty significant milestone. If you're coming up on 30, now's a good time to take stock of your finances and get yourself on a responsible path. Here's 5 money moves you need to make. 1. Complete your emergency fund No...
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Article Published by: taxpayeradvocate.irs.gov At a recent hearing before the Subcommittee on Oversight of the Committee on Ways and Means, I was asked a seemingly simple question about what types of guidance taxpayers can rely on. Unfortunately, the answer is not simple at all. Generally speaking, there...
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Article Published by: mjspa.com Health care costs continue to be in the news and on everyone’s mind. As a result, tax-friendly ways to pay for these expenses are very much in play for many people. The three primary health care accounts are Health Savings Accounts (HSA), Flexible...
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Article Published by: msn.com Social Security may be a long-awaited retirement perk, but it's not without its headaches and complications. (It is, after all, a government program, so that shouldn't come as a complete surprise.) Retirees must manage their Social Security and other retirement income well...
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