How To Deal With Identity Theft When Filing Your Annual Tax Return (IP PIN, Mail Form 15227, Etc.)
If you are a victim or suspected to be a victim of Identity Theft, you can request an Identity Protection PIN (IP PIN) from the IRS. This is a unique six digit PIN that the IRS assigns to you to enter in your Federal Individual Tax Return to confirm your identity. This number reduces the […]
How Many Years of Tax Records Should I Keep?
First…Why Keep Records Of Previous Tax Records? It is important to keep copies of filed tax returns and tax documents. These records help in preparing future tax returns and amending prior returns. Generally, you must keep tax records until the period of limitations for that tax return runs out. The period of limitations is the […]
How Big Of A Roth Conversion Should I Do?
For many Americans, there comes a time when a Roth conversion is the right move to make. Transferring assets from one retirement account to a Roth IRA can be a decision filled with questions – like how big your Roth conversion should be. We’ll cover that in this article. There are no limits on the […]