Investments | 2009 Taxes

Tag Archives: investments

Sometimes Overlooked Tax Deductions

March 8, 2010 – 4:59 pm

Every year many mistakes are made by US taxpayers as they file their income taxes for the year. Many of the mistakes are related to address, names, and social security numbers. But some of the mistakes are related to tax deductions. If you miss a tax deduction that you are eligible for, you could be missing out on a decent sized amount of money.

By Steve | Posted in Tax Preparation, tax assistance, tax credits, tax deductions, tax returns | Also tagged cash contributions, dividends, donations, file their income taxes, local sales tax, state income tax, state sales tax, tax deductions, Tax Preparation, taxpayers | Comments (0)

Don’t Take Your Losses!

March 10, 2009 – 3:36 am

Many people have been troubled by the impact of the financial crisis on their savings. If you are retired, you probably know that there is an annual minimum distribution that you are required to take from your IRA if you are 70-1/2 or older, that is, you must take money out every year, or you are penalized on the funds.