February 2017 Newsletter

James Carroll, CPA L.L.C.
Planning Your Financial Future February 2017
Time to gather your documents for your taxes. Better to prepare early than rush at the end.
Quiz: How Much Do You Know About Social Security Retirement Benefits?
Social Security is an important source of retirement income for millions of Americans, but how much do you know about this program?
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Tax Tips for the Self-Employed
Whether you’re running your own business or thinking about starting one, you’ll want to be aware of the specific tax rules and opportunities that apply to you.
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Grandparents Can Help Bridge the College Cost Gap
For many families, a college education is a significant financial burden that is increasingly hard to meet with savings, current income, and a manageable amount of loans. For some, the ace in the hole might be grandparents, whose added funds can help bridge the gap.
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Can the IRS waive the 60-day IRA rollover deadline?
If you take a distribution from your IRA intending to make a 60-day rollover, but for some reason the funds don’t get to the new IRA trustee in time, the tax impact can be devastating.
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What’s the difference between a direct and indirect rollover?
In almost all cases you’re better off making a direct rollover or trustee-to-trustee transfer to move your retirement plan funds from one account to another.
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Refer a friend
Any federal tax advice in this communication (including any attachments, enclosures, or other accompanying materials) was not intended or written to be used, and it cannot be used, by any taxpayer for the purposes of avoiding penalties; furthermore, this communication was not intended or written to support the promotion or marketing of any of the transactions or matters it addresses.
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2017.
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