Kevin McCormally
Latest articles by Kevin McCormally
-
Treasury to Seniors: Drop Dead
retirement IRA owners must act quickly to take required 2008 payouts.
By Joan Pryde Published
retirement -
How Can I Avoid the AMT?
taxes We'll walk you through the form, line by line.
By Kevin McCormally Published
taxes -
Answers to Your Alternative Minimum Tax Questions
taxes Here's what you need to know about this parallel tax system that's hitting more and more middle-class taxpayers.
By Kevin McCormally Published
taxes -
Turn Market Losses Into Tax Savings
taxes Sell stocks that are worth a lot less now than what you paid for them to offset taxable gains or income.
By Kevin McCormally Published
taxes -
Tax Rules for Claiming Dependents
taxes Which criteria define a qualifying child or relative?
By Kevin McCormally Published
taxes -
Little Tax Promises and Average Joes
taxes The tax promises the candidates rolled out this week got mercifully little attention in last night's third and final debate on Long Island.
By Kevin McCormally Published
taxes -
A Tax Break for Insurance Stock
Tax Breaks In a complex case on the demutualization of insurance companies, a court rules against the IRS. But expect an appeal.
By Kevin McCormally Published
Tax Breaks -
Paying the Piper
taxes If you owe the IRS, there are several ways to settle your bill.
By Kevin McCormally Published
taxes -
When to Report a Home Sale
real estate You might not have to let Uncle Sam know that you sold your house.
By Kevin McCormally Published
real estate -
Too Rich for a 401(k)?
retirement If you are a highly compensated employee and your employer returned some of the money you contributed to a 401(k), you'll have to report that as income on your tax return.
By Kevin McCormally Published
retirement -
Savings for Serial Refinancers
real estate Usually, you can write-off un-deducted mortgage points on a refinancing in the year the loan is paid off with a subsequent refinancing.
By Kevin McCormally Published
real estate -
A Special Deduction
Tax Breaks Don't miss this easily overlooked deduction: estate taxes paid on an inherited traditional IRA.
By Kevin McCormally Published
Tax Breaks -
Reporting Lawsuit Settlements
taxes Whether you have to pay taxes on a settlements from a investor class-action lawsuit depends on why you got the money.
By Kevin McCormally Published
taxes -
12 Tricky Tax Dependent Dilemmas
taxes You’d think that knowing when someone qualifies as a tax dependent would be a simple matter. Think again!
By Kevin McCormally Published
taxes -
Get Ready for the Mother of All Tax Bills in 2009 ...
taxes Major tax changes are on the horizon for 2009. Not all of them will thrill you.
By Kevin McCormally Published
taxes -
Beware the Coming Tsunami of Mutual Fund Distribution
investing How to handle the forthcoming TAXABLE mutual fund distributions.
By Kevin McCormally Published
investing -
Business Tax Preparation
taxes Having the necessary information at hand will make doing your business taxes easier.
By Kevin McCormally Published
taxes -
Year-End Investing Moves to Avoid
taxes Watch out for the tax consequences of buying or selling mutual funds now.
By Kevin McCormally Published
taxes -
Do-It-Yourself Pay Raise for the Holidays
taxes You can avoid overpaying taxes -- and give yourself a bigger paycheck -- by adjusting your withholding.
By Kevin McCormally Published
taxes -
Sneak Peek at 2008 Tax Savings
taxes Here are the 2008 new tax brackets, plus the lowdown on your favorite tax breaks.
By Kevin McCormally Published
taxes -
Lose Home, Pay More Tax
real estate As foreclosures soar, a cruel tax rule rears its head.
By Kevin McCormally Published
real estate -
Taxes -- Buy More Time
taxes Here's how to push back the deadline ... or simply ignore it, legally.
By Kevin McCormally Published
taxes -
Two Errors to Avoid
Tax Breaks Don't make these mistakes and pay more taxes than necessary.
By Kevin McCormally Published
Tax Breaks -
Fixing a Roth IRA Snafu
retirement Here's what you can do if you realized too late that you made to much money to contribute to a Roth.
By Kevin McCormally Published
retirement