Blog

Filing deadline April 18th next year! Huh?

Yep!  The filing deadline is April 18, 2016 instead of April 15th.  Why would the IRS give us 3 EXTRA days to get our procrastinating selves together and get our taxes filed?  Is it because they CARE about us? Hmmmmm……    not likely.        Is it so we have more time on the 15th to celebrate […]

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Save for College AND Save on Taxes

Time flies!  We all know that.  One day you’re changing a diaper and the next you are buying a mini refrigerator for the dorm room.  Make paying for that dorm room a bit less painful. The earlier you start setting aside money for college the better.  Putting away money from day 1 of your child’s […]

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The Ohio ID Quiz

Yikes!! Did you get a letter from the State of Ohio Department of Taxation saying you are required to confirm your identification?   Confusing, right?  Is it real?   Yep, it is. Ohio is requiring many people to confirm their ID.  You will need to log in to the Ohio Department of Taxation of website. There is […]

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Going away to college?

Well, congrats!   A little change of scenery is sometimes nice.   Hopefully you won’t miss the weather here too much. Don’t forget about your State and Local tax filings.  You probably will still need to file an Ohio tax return and a local tax return if you are returning here for summers and holidays. As long […]

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IRAs/Pension- Get that money!

Did you turn age 70 ½ during 2015?  If so, HAPPY HALF BIRTHDAY!!!!!   You don’t look a day older in our opinion.   But along with being wiser (and probably better looking and more relaxed) comes yet another responsibility. For IRAs, by April 15th of the year following the year you turned 70 ½, you MUST […]

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Roth IRA – Is it for you?

You’ve heard of these.  They sound great, right?  Put “after-tax” money in now, and later, after it has grown…… to what will surely be a huge fortune….. you pay NO TAX on the distributions. Woohoo!  What could be better? Well….a few things to remember….. You can’t put money in a ROTH IRA if you file […]

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