Get your IRA deduction date straight

Although the IRS tax code seems to grow in complexity each year, taxpayers might like to think that IRA contribution rules would be fairly consistent with regard to contribution dates.? Unfortunately, consistency is not the case pertaining to various types of IRA?s.?...

Tip: Make non-deductible contrib to IRA

If your income will be too high for 2014 to contribute to a Roth IRA this year, consider making a non-deductible contribution to an IRA to convert to a Roth before December 31st.

8 Tax Savers for Parents

From IRS Tax Tips: Your children may help you qualify for valuable tax benefits. Here are eight tax benefits parents should look out for when filing their federal tax returns this year. 1.?Dependents.? In most cases, you can claim your child as a dependent. This...