May Tax Planning Tips
Why it’s time to start tax planning for 2016 Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought of…
April Tax Tips
Two tax consequences to consider if you’re refinancing a home Now may be a great time to refinance, because mortgage rates are still low but expected to increase. Before deciding to…
Filing for a tax return extension isn’t without perils
Tax Filing Deadline – April 18 Yes, the federal income tax filing deadline is slightly later than usual this year — April 18 — but it’s now nearly upon us.…
March Tax Tips
Make a 2015 contribution to an IRA before time runs out Tax-advantaged retirement plans allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free. But…
February Tax Tips
File early to avoid tax identity theft If you’re like many Americans, you may not start thinking about filing your tax return until the April 15 deadline (this year, April…
Plan for a Better Tax Year
With the holidays just around the corner, it is time, once again, to start your year-end tax planning. And like so many years in the recent past, we are once…
October Tax Tips
Why you should contribute more to your 401(k) in 2015 Contributing to a traditional employer-sponsored defined contribution plan, such as a 401(k), 403(b) or 457 plan, offers many benefits: Contributions…
2015 Summer State Tax Update
State Tax Update That Impact Ohioans It’s been a busy month of tax policy changes for our friends in Columbus. Let’s take a look at some of those policy changes…
Tax Issues and Inherited IRAs
Special tax rules for inherited IRAs Normally, retirement plan distributions made to a nonspouse beneficiary after the account owner’s death are taxable at the time they are received and cannot be…
Tax Refund Fraud is Running Rampant
Someone took my tax refund! According to a January 2015 Government Accounting Office (GAO) report, the IRS estimated it prevented $24.2 billion in fraudulent identity theft tax refunds occurring during…