The Tax-Free Retirement Savings Option. Is a Roth IRA right for you?
If you are looking for tax-free income and more flexibility during retirement, perhaps you should look into investing in a Roth IRA. While Roth IRA contributions are not sheltered from [...]
Three Tax Break Tips for Caregivers
If you’ve ever had to care for a sick, elderly or disabled person, you know it can be difficult financially as well as emotionally. A recent study found that many [...]
What to do if your e-filed tax return is rejected by the IRS
More than 90% of individual tax returns are now filed electronically, and usually the process goes smoothly. When an e-filed tax return is rejected, however, e-filing can become more complicated. [...]
Your most important defence against an audit
In a tax court decision, a judge ruled that a joint tax return not signed by both spouses is not a validly filed tax return.* This seems like a simple [...]
Those Darn Kids
The risk of having kids file their own tax returns If you have children younger than 19 years old (or 24 if a full-time student), you should coordinate the filing [...]
How to Handle All Those Forms
Your mailbox has started filling up with tax forms over the last several weeks and there are likely more to come. Getting your forms organized makes your tax filing easier [...]