Tax season can be a busy time collecting all those tax forms and preparing your taxes. There is one important thing you need to do before you file your taxes. Don’t miss the IRA contribution deadline for this tax year.
Tax years and calendar years don’t always sync. This is true for IRA contributions. Even though the calendar year is over, the tax year for some IRAs hasn’t ended yet.
The good news is the IRS gives you a four-month cushion if you forget. So while you rush to meet the tax deadline this year, stop and check your IRA contributions too.
The last thing you want to do is file your taxes, then make a contribution, and have to go back and amend your tax return. Or miss out on the opportunity altogether. So get your last deposit in now and don’t miss the IRA contribution deadline. That extra bit of savings is worth it. Continue Reading…
One of the least covered aspects of investing is how cash plays a role in your portfolio. The idea that cash is king has some truth to it. But it’s not without its risks either. In the end, it all depends on your investment strategy.
H&R Block is one of the world’s largest tax service providers with offices all over the country. The H&R Block at Home tax software is the online version of sitting down with one of their tax pros. Now you can get your tax return done without ever leaving your house.
Index-based ETFs and index funds are popular choices for investors these days. The low costs and simplicity are a big selling points. Not to mention the fund marketing blitz reminding us how often actively managed funds fail to beat the S&P 500 index. But do you know how that underlying index works? Is it built to be a good investment strategy? Or should alternative index weighting methods be used?