Author Archives: taxblogger

TMTW #284- Series on New Tax Law-Path Act Part 1

Posted on May 11, 2016 by taxblogger

Tax and Money Tip this Week: Series on New Tax Law- Path Act Part 1 May 11, 2016 | No. 284 Like many taxpayers, you may have been expecting to encounter a few roadblocks while traversing your preferred tax-savings avenues. If so, tax … Continue reading →

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TMTW # 283- Inheriting an IRA: Ignoring Non-Person Beneficiaries

Posted on May 4, 2016 by taxblogger

Tax and Money Tip this Week: Inheriting an IRA: Ignoring Non-Person Beneficiaries May 4, 2016 | No. 283 IRA’s with multiple beneficiaries that include charity or other non-person entity must pay out that entity’s share by September 30 of the year following … Continue reading →

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TMTW #282- Inheriting an IRA: Not Dividing the IRA Among Heirs

Posted on April 27, 2016 by taxblogger

Tax and Money Tip this Week: Inheriting an IRA: Not Diving the IRA Among Heirs April 27, 2016 | No. 282 Be sure to advise your beneficiaries to split the IRA, especially if they have a wide age difference. If the … Continue reading →

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TMTW #281- Inheriting an IRA: Titling the IRA Account Improperly

Posted on April 20, 2016 by taxblogger

Tax and Money Tip this Week: Inheriting an IRA: Titling the IRA Account Improperly  April 20, 2016 | No. 281 Nonspouse beneficiaries cannot roll an inherited IRA into their own IRA.  Instead, a separate account must be set up with a … Continue reading →

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TMTW# 280- Thank You Clients! Another Successful Tax Season

Posted on April 13, 2016 by taxblogger

Tax and Money Tip this Week: Thank You Clients! Another Successful Tax Season April 13, 2016 | No. 280 The Week After Tax Season Aaah…..the week after tax season is the best week in a CPA’s life each year! We met a … Continue reading →

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TMTW# 279- Inheriting an IRA: Failing to Take Required Distributions

Posted on April 6, 2016 by taxblogger

Tax and Money Tip this Week: Inheriting an IRA:Failing to Take Required Distributions April 6, 2016 | No. 279 Owners of traditional IRAs must start taking required minimum distributions when they turn 70 1/2. Nonspouse beneficiaries of any age who want … Continue reading →

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TMTW#278- Reap Tax Breaks on Securities Sales

Posted on March 30, 2016 by taxblogger

Tax and Money Tip this Week: Reap Tax Breaks on Securities Sales   March 30, 2016 | No. 278 Click here to read the article by Business Management Daily Questions or Comments? You can add comments on the blog, call 919-847-2981, or visit … Continue reading →

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TMTW # 277- It is “OK” to File for an Extension

Posted on March 23, 2016 by taxblogger

Tax and Money Tip this Week: It is “Ok” to File for an Extension  March 23, 2016 | No. 277 Please take notice of our office closing date. Our office will be closing at 6:00pm on Friday, April 15th and will … Continue reading →

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TMTW # 275- Pay Tax Sooner on Installment Sale?

Posted on March 9, 2016 by taxblogger

Tax and Money Tip this Week: Pay Tax Sooner on Installment Sale?  March 9, 2016 | No. 275 Click here to read a great article published in the ‘Business Management Daily’ Questions or Comments? You can add comments on the blog, call … Continue reading →

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