Have you found yourself in a situation where you need to complete an IRA recharacterization? Here is everything you need to know to understand how to get it done on time and report it on your taxes correctly. What is a Recharacterization? After you make a contribution to an IRA, you can later change the [...]
We got as far as we could yesterday on our taxes. Now I’m going to have to work on a strategy to recharacterize to finish it up. Since the taxes are at a standstill for a few days, I’ve been hard at work crunching the numbers on a possible refinance. Stay tuned as I’ll document [...]
This weekend I’m busy crunching numbers. I’m trying to finish up our taxes and despite my organization, we ran into some problems. Our income disqualified us from some expected credits. Luckily I have some room to work with it, but I’m trying to calculate the optimal long-term solution with a few different choices. Stay tuned [...]
We’ve been focusing on reducing our energy bill lately. For example, my husband has been looking into switching to compact fluorescent light bulbs. In addition, our energy company is very proactive in sending us monthly mailers with tips and tricks to reducing energy consumption. See previous articles Ten Easy Energy Savings Tips and Energy Savings [...]
