Putting your tax refund into a retirement account?
Considering depositing your tax refund into your retirement account? Make sure no confusion happens along the way.
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DiSabatino CPA Blog
A blog by Michael DiSabatino CPA with topics on Tax Savings, Business, Management and more...
Simplify your inheritance
Did you know that if you inherit a retirement account from a loved one you may be required to pay income tax on the whole thing right away?
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Inheriting a retirement account like a 401(k) or an IRA is more complicated tax-wise than if you’d been left a house or a set of golf clubs. Here’s a tip on how to use a “stretch out” to avoid being hit with a big tax bill.
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