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Category Archives: Taxes

How to Avoid Taxes on Your IRA Withdrawal

by Elliot Crumpley on No Comments

A large concern for Baby Boomers, is being able to live on their retirement savings. Here’s how to avoid taxes on your IRA withdrawal. There are few bigger concerns in retirement than funding it. Between 401(k)s, IRAs, pensions, and Social Security, the sources are many but equally important i

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Online Resources to Help You This Tax Season

by Mayra Rocha on 1 Comment

Tax Help 55places.com

Preparing and filing your taxes can be complicated. Don’t sweat tax season, these websites are here to help you! With tax season looming over your head, it might be time to start thinking about filing your tax return. There are plenty of websites that offer helpful and accurate information to

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10 Tips to Prepare for Tax Time

by Bill Ness on No Comments

Get started early on your taxes and make sure to take advantage of deductions to maximize your return. Claiming all of your eligible tax deductions is an important step toward stretching your retirement nest egg. Changes to the tax rules, or to your circumstances, may make you eligible for more exem

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How to Make Tax Breaks Work For You

by Bill Ness on 2 Comments

Understanding state specific tax laws, and how they apply to you, can assure you that you have appropriately taken advantage of all available tax breaks. Retirees on a fixed income always appreciate ways to save money, especially when it comes to reducing their overall tax burden. This can be accom

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Helpful Tips To Reduce Your Tax Burden

by Bill Ness on No Comments

A tax professional can help you understand the tax benefits and downfalls per state and can make recommendations based on your tax-saving goals. While taxes support many necessary programs, like police and fire departments, no one wants to pay more than their fair share. When you have reached retir

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