HOW TO AVOID 401(k) WITHDRAWAL TAXES

How to avoid 401(k) withdrawal taxes. With the Covid pandemic and need for more government money to help the U.S. economy along, Congress has been looking for alternative sources of income. Taxing retirement plans more than they had been before was discussed by the Congress as an alternate way of doing just that. The 401(k) […]

BYE CALIFORNIA HELLO RESIDENCY AUDIT

Bye California hello residency audit. Californians like to complain about high taxes, and who can blame them ? California may have more millionaires and billionaires, but the tax cost of livin in the Golden State has always been high. The current top rate 13.3%–which is the same on ordinary income and capital gain–dates from 2012. […]

TAXPAYERS WILL MAKE THIS MOVE IN 2019

Taxpayers will make this move in 2019. Though tax season has only just kicked off, many filers are already in the process of gathering their paperwork, combing through receipts, and taking other such necessary steps to get their returns fired off. And while many filers are plenty used to this routine, remember that this is […]

IRS REVENUE OFFICER ?

IRS Revenue Officer ? The IRS has created a special http://irs.govnew page on www.irs.gov to help taxpayers determine if a person visiting their home or place of business claiming to be from the IRS is a legitimate IRS revenue officer or an imposter. With continuing phone scams and inn person scams taking place across the […]