Does your preparation for tax day start with a trip to the liquor store, or perhaps a one-way ticket to Costa Rica? Taxes are unpleasant, but drinking or fleeing the country is not the answer. Tackle your taxes head-on with solid preparation, and the experience may turn out to be more pleasant than you thought it would be. Here are a few tips to help you with your tax preparation and increase...
10 Things Pension Plans Won't Tell You
Last Updated: Sept 13, 2011 9:55 a.m. ET Share By Not long ago, many jobs came with a pension -- monthly checks paid upon retirement for the rest of an employee's life. But nowadays, workers frequently switch jobs and companies are struggling to cut costs, and the generous defined-benefit plan, or classic pension, is increasingly being replaced by defined-contribution plans like the 401(k), which employees pay into. In 1975, 62 percent of private-sector workers participated solely in a defined-benefit plan; in 2009, only 7 percent did, according to the Employee Benefit Research Institute. But many wonder whether defined-contribution plans are an adequate substitute. "They don't provide near the level of retirement security that traditional defined-benefit plans…
10 Simple Year-End Income Tax Tips
Financial tips for women getting a divorce
Separate all spousal property and accounts immediately
Is Hiring a CPA Worth it? 5 Tips for Getting Your Money’s Worth
Often when people find out I’m a tax accountant, I get asked, “How much does a CPA cost?” It’s like me asking “How much does a home cost?” We all understand that a 1,000 square-foot home in Kansas has a different cost than a 1,000 square-foot penthouse condo in New...
3 self-made millionaires share their No. 1 money-saving trick
Tax Season Preparation 101
As I put my own tax documents into a folder marked “2012 tax documents,” I think about all my clients and their methods of preparing for tax season. It seems like this time of year, my friends lik…
How to Find a Tax Accountant
Many taxpayers can benefit from hiring a tax accountant, and a lot do. Follow these simple steps to find the right tax professional for your situation.
Post-TCJA: The Winners, the Losers and Tax Lessons Learned
Daszkal Bolton provides examples of which taxpayers benefited or lost from the Tax Cuts and Jobs Act, and what we know about strategic tax planning one year into tax reform.
What Your Divorce Attorney Won't Tell You About Marital Debt