This article originally appeared in Business Insider on June 22, 2024 Jeremy Schneider retired in 2016 at the age of 36. He sold a...
Tax Planning
Tax Treatment of Home Energy Rebates
The IRS has provided guidance on the federal income tax treatment of certain home energy rebates offered by states, with funds...
IRS Delays RMD Clarity for Inherited Retirement Accounts (Again)
Whoops…they did it again! On April 16, the IRS issued Notice 2024-35, further kicking the can down the road regarding whether certain...
Retirement Plan Contribution Deadlines
As the tax filing deadline approaches on Monday, April 15, 2024, it is important to understand the deadlines for retirement plan...
Navigating Tax Payments in Retirement: Estimated Taxes and Alternatives
Retirement brings a multitude of changes, including adjustments to your tax obligations. While the traditional income tax system...
2023 Tax Documents from TD Ameritrade and Charles Schwab
Tax time is quickly approaching. The IRS announced it will begin accepting and processing 2023 tax returns on January 29, 2024. Here...
Did You Make a Qualified Charitable Distribution in 2022?
Did you make a Qualified Charitable Distribution (QCD) from your IRA in 2022? If so, keep reading because there's something you need...
2022 Year-End Tax Planning Tips
It’s that time of year again: time to implement year-end tax planning strategies that can help you reduce your income taxes. While...
Property Tax Update
New Jersey taxpayers can now apply for the Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program. The State's...
Watch Out for These Common Tax Scams
According to the Internal Revenue Service (IRS), tax scams tend to increase during tax season and times of crisis. Now that tax...
Federal Tax Filing Season Has Started
The IRS announced that the starting date for accepting and processing 2021 tax-year returns was Monday, January 24, 2022. Tips for...
2021 Year-End Tax Planning Tips
Year-end tax planning traditionally includes accelerating deductions into the current year and pushing off income into future years...