Lower My Tax Now Blog
Summer job tax tip
Posted in Tax-Blog. Bookmark the permalink. | , August 19, 2015 | 0 Comments
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
Do you have any summer job tax tip?
Yes I do!
If your child has a summer job, consider opening an IRA for your kid.
If he has W-2 or earned income he can contribute to a regular or a Roth…
Making an IRA change could be tax-smart move
Posted in Tax-Blog. Bookmark the permalink. | , August 12, 2015 | 0 Comments
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
Did you convert all or part of a retirement account to a Roth IRA during 2014?
And do you now wish you hadn’t?
Here’s some good news: You have until October 15, 2015, to change your mind,
even if you…
Business Tip: Don’t sell property; exchange it
Posted in Tax-Blog. Bookmark the permalink. | , August 5, 2015 | 0 Comments
A tax-deferred exchange is a tax planning technique which should be considered by any taxpayer that is relocating or disposing of property. Often referred to as a “tax-free exchange,” the tax-deferred exchange allows you to exchange certain business or investment property for other “like-kind” business or investment property and…
Safeguard records before a disaster strikes
Posted in Tax-Blog. Bookmark the permalink. | , July 29, 2015 | 0 Comments
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
How to safeguard records before a disaster strikes?
There’s never a good time to plan for a disaster. There’s never a better time either. So why wait? Instead of having to reconstruct personal and business records in the aftermath of…
