Kiplinger recently listed 19 tax actions that may get you audited by the IRS. Many will likely not apply to average taxpayers, but this one
Tag: IRA
Qualified charitable distributions allow eligible IRA owners up to $100,000 in tax-free gifts to charity
WASHINGTON —The Internal Revenue Service today reminded individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity
Outside the box with your RMD
Taking your required minimum distribution (RMD) typically means selling investments, paying taxes and keeping the cash. Time to think outside the box? But as we
Deficit reduction – good luck with that
Some politicians, pundits and advocacy groups are hailing the deficit reduction in the Inflation Reduction Act. Let’s hope they are right, but given government’s track
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