by Chris Scalese | Jan 3, 2020 | chris scalese, finance, professional
Throughout your life, you receive tax deductions for any money you contribute to your retirement accounts. The problem is that according to the law, you have to take the money out starting at around age 70½. This is taxable income, so you will have to pay taxes on it....
by Chris Scalese | Apr 10, 2018 | chris scalese, finance
Mistakes are a common issue with regard to filling out tax forms. If you’re in the process of filling out your tax return before the deadline, here are some common tax day mistakes and how to avoid them. Math Errors One of the biggest complaints regarding...
by Chris Scalese | Dec 28, 2017 | chris scalese, finance
There are many steps consumers can take to potentially reduce their tax liabilities, increase deductions, or qualify for tax credits. The following are easy year-end steps that can be taken before December 31 to help increase tax breaks. #1. Reevaluate your bad...
