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If you did not contribute the 2012 maximum to your IRA by December 31, 2012, and you make any IRA contributions before April 15, 2013, tell your bank or other trustee that these 2013 contributions are for 2012 until you reach the $5,000 limit ($6,000 if you're 50 or...

The American Taxpayer Relief Act of 2012: What It Means for You and Your Business Congress has recently passed The American Taxpayer Relief Act of 2012 that effectively averts the tax side of the fiscal cliff. The U.S. Senate overwhelmingly passed legislation to avert...

Our customers look to us for many ways to save money, primarily in income tax and financial issues. We realize that we are exposed to so many other money-savings ideas and we often fail to pass on some of these ideas. Although this idea may not fit everyone, it's just...

It's likely to be a daily occurrence: Your e-mail inbox contains at least one message touting a too-good-to-be-true offer. You probably shake your head and delete the pleas from mysterious mock millionaires who need your help recovering imaginary inheritances. But...

When you own Series EE or Series I savings bonds, you have a tax decision to make. Both types of bonds earn interest monthly. Usually, you’ll choose to defer paying any taxes on the interest until the bond reaches final maturity or you redeem it, whichever comes...

You can often manage the size of your gain or loss when you decide to sell some, but not all, of a particular stock or mutual fund. To do this, you must have kept good records of the date and the price for each share purchase. By selling the highest cost shares first,...

If you sell a security before the end of 2012 to take advantage of a capital loss, be aware of the wash sale rules. To make sure the loss is deductible, refrain from buying the same security or a substantially identical security during the 61-day period that begins 30...