Ponderings

Tag: Taxes

Track IRA Contributions for Tax Savings

June 5, 2023
Investing, Retirement, Saving, Taxes

It is safe to say that no one enjoys overpaying taxes – except maybe Uncle Sam, who will gladly accept these extra dollars in

Last Minute Tax Tips for Savings and Sanity

April 10, 2023
Saving, Taxes

The early days of April often usher in a sense of gloom. Winter’s worst is not quite behind us and already Uncle Sam is

Grappling With Lower Required Minimum Distributions (RMDs)

March 6, 2023
Budgeting, Retirement, Saving, Taxes

Woe are the retirees reliant on ever-increasing required minimum distributions (RMDs) to support them. Stock market gains for 2019, 2020, and 2021 generated big

Make Your IRA Contribution Early in the Year

January 9, 2023
Investing, Retirement, Saving, Taxes

…and your previous year’s contribution, if you haven’t already. Making your IRA contribution early in the year is better, because you may enjoy more

Energy Efficient Tax Credits for Homes and Vehicles.

November 7, 2022
Investing, Saving, Taxes

Have you been waiting for the right moment to purchase an EV? You may have noticed certain vehicle manufacturers have had their tax credits