Article Published by: money.cnn If you're concerned about having enough money in retirement, you're not alone. And if you're behind on savings, you're in good company there as well. The average American's 401(k) balance just reached $104,300, while the average IRA balance hit $106,000, according to...
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Article Published by: Time.com With the tax filing deadline rapidly approaching, a large chunk of Americans will no doubt spend the next few weeks crunching numbers and digging up documents in an effort to be on time. But unfortunately, a good 20% of workers are gearing...
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Article Published by: greenwhichsentinel.com Greenwich-based Michael J. Smeriglio III, CPA, announced they have hired Emmanuelle Muscat as a Director of Operations. She will be responsible for overseeing all office operations and client relations. In announcing Muscat’s hire, Michael J. Smeriglio III, founder of the firm, stated: “Emmanuelle...
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Article Published by: taxpayeradvocate Every year the Taxpayer Advocate Service (TAS) helps thousands of people with tax problems. This story is only one of many examples of how TAS helps resolve taxpayer issues. All personal details are removed to protect the privacy of the taxpayer. TAS advocated...
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Article Published by: nerdwallet You know those articles that offer good-for-you advice about what to do with a tax refund? This isn’t one of them. At least not entirely. With the average taxpayer raking in a refund of more than $3,000 this year, we feel obligated to...
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Article Published by: cnn.money.com If the thought of filing your taxes gives you heart palpitations and sweaty palms, fear not. Yes, taxes can be complicated. But the more you understand, the smoother the process will go. Familiarizing yourself with these common tax terms should make hitting the April...
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Article Published by: mjscpa.com The Tax Cuts and Jobs Act (TCJA), signed into law this past December, affects more than just income taxes. It’s brought great changes to estate planning and, in doing so, bolstered the potential value of dynasty trusts. Exemption changes Let’s start with the TCJA....
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Article Published by: usatoday.com Millions of Americans are now getting bigger paychecks as a result of the new tax law. So the government is issuing an online calculator for figuring whether enough money is being set aside. The calculator unveiled Wednesday by the Treasury Department and the...
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Article Published by: taxpayeradvocate.irs.org As part of my recently released Annual Report to Congress, I identified IRS employee training as one of the Most Serious Problems facing taxpayers. It may seem counterintuitive that an internal issue such as training could be a most serious problem for taxpayers;...
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Article Published by: washingtonpost.com Q: I am a regular reader of your column for many years. I am a senior, widowed and have some retirement income and savings. I am concerned about the implications of the new tax law. I plan to sell my house, which I...
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