Tag: taxes

2013 Tax Changes, Credits and Impacts You Need to Be Aware of When Filing Your Tax Return in 2014

[Updated for 2013-2014 tax filing season] Thanks to the so called fiscal cliff deal reached last year there were a number of impacts to taxes in 2013 which you need… Read more »

2017 and 2018 Itemized Deductions and Personal Exemption Phase-out Income Limit Changes with Trump GOP Tax Plan

[Trump Tax Reforms and impact to Itemized Deductions] As part of the GOP tax reform bill to support President Trump’s tax reform agenda there are going to several changes to which deductions can… Read more »

Fiscal Cliff Deal Reached – Extending Unemployment Benefits, Tax Cuts, AMT Patch, EITC, Payroll Tax Credit Expiry, Delaying Budget and Defense Cuts

[Updated Jan 2013] Congress and the Obama administration have reached an agreement that will avert a significant portion of the fiscal cliff and its associated impacts on your pay check and… Read more »

When Can I File My 2018 Taxes in 2019 and Other Key IRS Tax Return Filing, Deadline, Extension and Refund Dates

[Updated Tax Season Filing Dates] The table below shows the 2019 deadlines for filing 2018 tax returns and requesting extensions. Final tax returns are due by Monday, April 15th; unless a 6-month extension is… Read more »

Will We Fall Off The Fiscal Cliff in 2013 – Impacts on Your Taxes and Finances

The Washington Post had two graphics that neatly summarize the impacts from the fiscal cliff. This is the number one topic in the world of finance and almost all Americans… Read more »

Can I Make 401K or IRA to Roth IRA Conversions in 2012 and 2013? What Are The New Rules and Income Limits

[2013 Update] With a deal to avert the fiscal cliff reached and legislated under the American Taxpayer Relief Act (ATRA) of 2012, a couple of significant employer sponsored retirement plan… Read more »