Archives for November 2017

Once age 70 ½ is reached, you need to take your first required minimum distribution (RMD) from your IRA accounts. You turned 70 ½ in 2017 if you were born between July 1, 1946 and June 30, 1947. You … [Read more...] about Required Minimum Distributions (RMDs) – The Basics

You find yourself in a position where you or an elder parent has U.S. Treasury Bonds as part of an investment portfolio and you are wondering if the bonds should be redeemed. You are concerned … [Read more...] about US Treasury Bond Planning

In an effort to reduce identity theft, the IRS issued proposed regulations that would permit employers to use truncated taxpayer identification numbers (TTINs) on Forms W-2, Wage and Tax Statement, … [Read more...] about IRS To Allow Truncated SSNs

Discussions about eliminating the state and local income tax deduction as part of President Trump’s agenda for a new tax act have taxpayers in New York, New Jersey, Connecticut, and California up in … [Read more...] about Increasing State Income Taxes – Panacea or Pain