Published on January 15, 2011 in Tax Tips
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If you are over 70 1/2, here is how to use your Traditional IRA to save tax, and help your favorite charity: Required Minimum Distributions: If you have a Traditional IRA and you are over 70 1/2, you are required to take required minimum distributions every year. (Having said that, 2009 was a one time [...]

Published on January 1, 2011 in Tax Tips
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The first tax tip you should  remember every year is to Organize Your Records.  This tip comes to us from the blog ForsthoefelFinance.com.  He wrote it for last tax year, but it is just as applicable every year. Tax Tip #1:  Organize Your Records for Your Tax Preparer According to this blog: Before you visit [...]