Lower My Tax Now Blog

5 Ways To Qualify for Roth IRA Contributions

Would like to maximize your Roth IRA contributions? However, you read or heard that there are income limits. So what do you do?

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.

If you want to put in $5,500 ($6,500 if you’re over 50) in your…

Do You Take A Lump Sum or Annuity Payments For Your Powerball Winnings?

Imagine for a moment that you won the Powerball! Congratulations! When you are about to claim your winnings, CA lottery asked: Do you want a lump sum or an installment payment over 30 years? What do you do?

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.

With a…

Should I Include My Kid’s Name On My Home

I got this tax question from a client recently: “Should I include my kid’s’s name on my home?”

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.

You see, you might think it’s a good idea to include your kid’s name on the title of your home in case…

How To Deduct An Uncollectible Loan

Have you ever loaned money to a family member or a friend that did not pay you back? Do you want to know how you can deduct it for tax purposes?

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.
Here are four things you need to do in…