Kevin McCormally
Latest articles by Kevin McCormally
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$1 Billion in Health Insurance Rebates: Taxable or Tax-free?
health insurance Many Americans are about to get money back. We sort through how much they can keep.
By Kevin McCormally Published
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IRS Offers "Fresh Start" for Unemployed
Tax Breaks A new tax break for those in need.
By Kevin McCormally Published
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Payback Time for New-Home-Buyer Tax Credit -- or Maybe Not
Tax Breaks If you "flipped" a house for profit, the government would like its money back.
By Kevin McCormally Published
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7 Tips for Filing Your 2011 Taxes
Tax Breaks Every filing year's a little different. Let us help you pinpoint savings.
By Kevin McCormally Published
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State Tax Breaks for Military Families
Tax Breaks You can simplify the process and keep some cash in your savings account by following a few key provisions.
By Kevin McCormally Published
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Thanks Mitt and Newt: A Dozen Tax Tips for the Rest of Us
Tax Breaks Learn from two GOP candidates' tax returns.
By Kevin McCormally Published
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Thanks Mitt and Newt: A Dozen Tax Tips for the Rest of Us
Tax Breaks While the punditocracy dives into the details and debates the vices and virtues of Mitt Romney's and Newt Gingrich's 2010 tax returns, we decided to see if we could glean any ideas that might help you with your taxes ...
By Kevin McCormally Published
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Anatomy of a Financial Scam on the Elderly
Financial Planning for Alzheimer's A client of Kiplinger columnist Steve Goldberg was conned out of $1.3 million.
By Kevin McCormally Published
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Protect Yourself, Loved Ones From Financial Abuse of the Elderly
Financial Planning for Alzheimer's Today’s volatile stock market and near-zero interest rates on savings can make desperate older investors even more vulnerable to scams.
By Kevin McCormally Published
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Government Shutdown Would Delay Tax Refunds
taxes Another reason to fix your withholding.
By Kevin McCormally Published
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14 Ways to Spend $1 Trillion
Politics The latest estimate says the government will spend $1.5 trillion more than it takes in this year. Imagine what that means in terms we can all understand.
By Kevin McCormally Published
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The "Death Tax" Lives
retirement To paraphrase Mark Twain, reports of the death of the federal estate tax are greatly exaggerated.
By Kevin McCormally Published
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Congress' Delay Will Delay Tax Refunds, Too
taxes For the millions of Americans who itemize deductions, that refund check may come later this spring.
By Kevin McCormally Published
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Tax Cut Help for the Math Challenged
Tax Breaks No need to break out pencil, adding machine or abacus: We can tell you what the tax deal will do for your paycheck.
By Kevin McCormally Published
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7 Myths About Roth IRA Conversions
IRAs Some “expert” advice about whether you should switch is simply wrong.
By Kevin McCormally Published
IRAs -
The Magic (and Cost) of Converting to a Roth IRA
retirement The payoff is tax-free income in retirement. The cost, on the front end, is a significant tax bill on any funds you convert from a traditional IRA.
By Kevin McCormally Published
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Did 'The Boss' Trump The Ben?
taxes George Steinbrenner’s death may seem untimely to family and friends (and Yankee fans), but it may be extremely timely when it comes to the federal estate tax.
By Kevin McCormally Published
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More Time to Qualify for the Home Buyer Credit
Tax Breaks Congress has extended the deadline for closing the deal on home purchases made by April 30.
By Kevin McCormally Published
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No Federal Estate Tax? Not a Chance
taxes If Congress continues to do nothing about the federal estate tax, the levy will be back with a vengeance in 2011.
By Kevin McCormally Published
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FAQs on the Death of the Estate Tax
taxes If Congress continues to do nothing about the federal estate tax, the levy will be back with a vengeance in 2011.
By Kevin McCormally Published
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Time Your Closing Right To Save Thousands
real estate Homeowners moving up to new digs could earn a new $6,500 tax credit -- but only if they finalize the deal after an expected new law goes into effect.
By Kevin McCormally Published
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Don't Let the RMD Holiday Trip You Up
retirement These three potential problems can be avoided.
By Kevin McCormally Published
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Fatten Your Paycheck -- And Still Get a Refund
taxes If you adjust your withholding now, Uncle Sam will take a smaller tax bite each month and still owe you next spring.
By Kevin McCormally Published
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Get Next Year's Refund Now
taxes Looking for extra cash? You can boost your paycheck by adjusting your withholding.
By Kevin McCormally Published
taxes