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IRA to HSA transfer
Did you know that you can transfer funds directly from your IRA to a Health Savings Account (HSA) without taxes or penalties? Under current law,
Don’t Get Carried Away by a Windfall
Receiving a sudden and sizable influx of cash may seem like a dream come true. It can be, but many people get carried away and
Moving Out of State? Learn All the Tax Implications First
With so many people working remotely these days, thinking about moving to another state has become common — perhaps for better weather or to be
Home Office Tax Deductions: The Ins and Outs
The pandemic changed the landscape of work for a lot of people, including the numerous business owners who began running their businesses from their homes.
An “Innocent Spouse” May Be Able to Escape Tax Liability
When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s
Tax Implications to Be Aware of After a Job Loss
Despite the generally robust job market, some people are still losing their jobs. If you’re laid off or terminated from employment, taxes are probably the