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For those of you who haven’t seen it yet, check out my guest post Your Tax Questions Answered: Interview with an IRS Agent today at The Digerati Life!
Find answers to these questions and more:

The phone credit was missed by a [...]

Posted December 20, 2007 in Dollar Plan News, Taxes | 1 Comment »

The new year is almost here, so it will soon be time to contribute to your 2008 Roth IRA and Roth 401k. It is exciting as the IRA limits have increased and the Roth 401k is catching on! Here’s the contribution limits for each:

Roth 401k Contributions

Maximum
$ 15,500

Catch-up > 50 years old
$ 5,000

Roth IRA Contributions

Maximum
$ 5,000

Catch-up 50 and [...]

Posted December 17, 2007 in Intermediate, Investing, Retirement, Taxes | 2 Comments »

I have mentioned before that I have completed tax returns for Volunteer Income Tax Assistance (VITA). If your are wondering what it is all about, here’s more information about the program:

Posted December 14, 2007 in Beginner, Taxes | No Comments »

Finishing up your taxes? Here’s the 2007 tax limits, credits, exemptions, deductions, phase-out and exclusion numbers all in one place!

Posted December 11, 2007 in Taxes | 4 Comments »

In Roth IRA Conversion Rules Highlighted Russ commented that his employer is starting a Roth 401k plan in 2008. The Roth 401k plans are relatively new and many people haven’t heard of them yet. Employers are slowly starting to offer them to employees. Let’s explore how the Roth 401k works, the benefits over the Roth [...]

Posted November 29, 2007 in Intermediate, Retirement, Taxes | 7 Comments »