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Posts Tagged ‘tax saving tips’

Get a Bigger 2015 Refund by Using These Tax Saving Tools Now

Many taxpayers believe that with the end of the year, their chances of reducing their annual tax bill has ended, too. However, there is one big way through which taxpayers can lower their tax liability after the end of a year: contributing to retirement accounts and claiming a deduction. The deadline for making contributions to many types of retirement accounts, including traditional IRA’s, extends well beyond Dec 31. Regardless of whether you’re an employee or ...

Three Tax Saving Tips

July 14, 2015  |   Tax Tips   |   Tags: , ,  

Not everyone’s retirement plan is as comprehensive as it should be. Members of the baby boom generation are learning that the hard way. According to a study by the Insured Retirement Institute, around 40% of all boomers don’t have a single cent saved for their retirement. The result is that they are dependent upon Social Security or have to postpone retiring from work. Having a solid ...

6 Tax Saving Tips for Homeowners

June 03, 2015  |   Tax Tips   |   Tags: ,  

If you are planning to buy a new house in America, not only it requires huge Money but also a lot of tax. If you have little knowledge and right documents to provide during taxes and it will help you to get some good tax deduction, have a look at below ppt

IRA Rolling. IRS Clarifies Rules

January 14, 2015  |   Tax News   |   Tags: , ,  

When you rollover a retirement plan distribution, you do not need to pay taxes on it until you withdraw. You can save for your future and continue growing your tax-deferred savings by rolling over. Often, taxpayers make mistakes in handling their retirement accounts, which causes them to lose on their investments. In order to make the most of tax-free IRA rollovers, there are a few basic rules to remember. The IRS clarifies some of the ...