by MRA Advisory Team | Feb 23, 2023 | Alison C. Cogan, Director of MRA Tax Services, Tax Planning, Tax Tips
Why minimize estate taxes? The act of giving away your property, either during life or at death, will probably be subject to one or more of several types of taxes (collectively referred to here as estate taxes), either on the federal level, state level, or both. These... by MRA Advisory Team | Feb 20, 2020 | Tax Tips, MRA Tax Services, Taxes
Even though tax filing season is well under way, there’s still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on... by MRA Advisory Team | Feb 6, 2020 | Tax Tips, Aging Parents
The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it easier for older Americans to read and use. The Bipartisan Budget Act of 2018...