Tax day approaches. Only a few days remain to make an important decision. You expect to live for decades after you’re eligible for Social Security, don’t you? Then, you have only until April 15th to use the 2018 allowance for contributions to a tax-advantaged IRA. Miss making that 2018 contribution and it’s gone for […]
Skip Filing Your Tax Return And The Tax Lives Forever
It’s tax season and tax myths are everywhere. Know what the most dangerous one is? If you can’t pay the tax on the return, you’ll escape collection action if you keep a low profile by not filing the return. I hear it repeatedly, each year, year after year. And it’s wrong, over and over. Four […]