This year’s BBB Shred Day is Saturday, April 21, in the Office Depot Parking Lot at 111 South Providence in Columbia. Consumers can shred up to three boxes of documents from 9 a.m. to noon. BBB asks that consumers use bags or boxes that can
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Good news – there are a lot of revenue sources that aren’t taxed. You may have an idea of what they are, but here’s a quick list to review.
Considering depositing your tax refund into your retirement account? Make sure no snafus happen along the way. Read more.
As you file your 2017 tax return this season, make sure you don’t fall victim to some of the easiest mistakes made each year. Math errors, misspelled names, wrong bank account numbers and omitted Social Security numbers are just a few of the errors that
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April 1 is the last day you can take your required minimum distribution (RMD) for 2017 from your traditional IRAs. If you reached age 70½ last year, this is a big deal!
Those who care for people who are sick, elderly or disabled are often up against a lot of challenges. Fortunately, there may be a handful of tax breaks that can help. They include the medical expense deduction, the Child and Dependent Care Credit, and the
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If you need to call the IRS this tax season, be aware that you’ll be asked to verify your identity. This is part of the IRS’s continuing effort to keep taxpayer data secure. You can help your phone call go smoothly by having the following
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The IRS urges taxpayers to beware of fake calls to return money from tax return refund checks that have been deposited in error into bank accounts. Scammers either pretend to be collection agency employees or use a recorded message threatening people to return the refund.
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Several tax breaks were revived for use in 2017 tax filing by last month’s federal budget bill. Among them are four you may be able to take advantage of: the tuition and fees deduction, the mortgage insurance deduction, the mortgage debt forgiveness exclusion and the
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You won’t be able to make contributions to a Roth IRA if your income goes above a certain level. However, you do have the option to convert a traditional IRA to a Roth IRA no matter how high your income. People often like Roth IRAs
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