If you get an email claiming to be from the IRS with an attached tax return transcript file, delete it.
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DiSabatino CPA Blog
A blog by Michael DiSabatino CPA with topics on Tax Savings, Business, Management and more...
Don't forget your midyear tax-planning
Can you believe 2018 is already half over? If you haven't thought about your 2018 tax situation yet, it's time to do so.
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Avoid high RMD penalties
Required minimum distribution (RMD) rules are pretty strict. If you don't want to face a hefty fine, you must withdraw a certain amount of money every year from tax-deferred retirement plans like 401(k)s and traditional IRAs after you reach age 70½.
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