SOME people who lost money in the financial turmoil last year may be able to get a measure of tax relief. Daniel Acker/Bloomberg News People who invested with Bernard L. Madoff may want to file [...]
EXECUTIVE SUMMARY: Sec. 201 of H.R. 7327 suspends the 50% penalty for failure to take a required minimum distribution, for 2009, for distributions from defined contribution plans. Normally, if [...]
Tens of thousands of small-business owners and sole proprietors may have invalid Keogh plans, and that a failure to fix the problem could prove to be very costly to them and to advisers.
Many people seem unaware how useful IRAs can be as savings vehicles Make no mistake about it: The IRA is America’s savings vehicle of choice. In 2007, assets in such accounts totaled $4.75 [...]
SAN FRANCISCO (MarketWatch) — When economic times get tough, finding dollars to donate can get tougher, but there are ways to make your charitable dollar stretch farther. Certainly, plenty [...]
The recent bear market has not affected all investors equally. Clients who are still working could potentially have years to buy stocks at fire-sale prices. Older retired clients have Social [...]
When stocks slide, taking capital losses can be a savvy move. You’ll cut your taxes now and in the future. However, tax losses help you only if you take them in taxable accounts. If you take [...]
Barry Picker has a clear idea about what workflow products are supposed to accomplish in his firm’s tax office. “The goal is to do as little possible with the keyboard when you are [...]
