Blog Detail
Getting Your Financial Ducks in a Row
http://www.BFPonline.com/blog/
Thoughts on Financial Advice
- Added on: Jun 14th, 2005
- Country: United States
- Language: English
- Listed in: Business Investing Small Business
Recent Posts
Open a Roth IRA for Your Child
Here’s a very good idea to consider – if you have a teenager who has a part-time job, rather than putting those earnings solely into a savings account (or worse, a car), open a Roth IRA. The money contributed to this account will mostly be tax ...
IRS Updates Info on First-Time Homebuyer Credit Expansion
The following information was released by the IRS on 11/25/2009 as Tax Tip 2009-13: If you are in the market for a new home, you may still be able to claim the First-Time Homebuyer Credit. Congress recently passed The Worker, Homeownership and Busine...
Student Loan Interest Deduction Changes in 2011
In this continuing series I’ve been writing about all the changes you can anticipate to the tax laws beginning in 2010 and 2011. You can go to this page to see the index of all the changes that are coming as a result of expiring provisions from p...
Last Chance for Charitable Contributions from Your IRA
There is a provision expiring at the end of 2009 for folks over age 70½ who wish to make contributions to their favorite charities from their IRAs. This provision allows you to make the contribution directly from your IRA, so that the income never...
Adoption Tax Credit to Expire at the End of 2010
Yet another of the coming tax increases you’ve got to be aware of is the elimination of the Adoption Tax credit. This credit came about originally as a part of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA 2001) and was ex...
Structuring the Roth Conversion (a CYA* activity)
In a recent article, I briefly covered the topic of Recharacterization. The example that I gave was pretty simplistic – you converted an amount, and decided later to recharacterize that amount back to an IRA. What if it gets complicateder? Ther...
