Tax Tips if You’re Moving this Summer

1040_Tax

If you make a work-related move this summer, you may be able to deduct the costs of the move. This may apply if you move to start a new job or to work at the same job in a new job location. The IRS offers the following tax tips on moving expenses you may be […]

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Standard Deduction Amounts for 2011

Standard Deduction Amounts for 2011 Single: $5,800 Head of Household: $8,500 Married Filing Joint: $11,600 Married Filing Separately: $5,800 Qualifying Widow/Widower: $11,600 Dependent: $950-$5,800

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I 401(k) Contributions for 2011/2012

INDIVIDUAL AND ROTH INDIVIDUAL 401(K) Contribution Amounts and Deadlines Year Maximum Salary Deferral (if under age 50) Maximum Salary Deferral (if over age 50) Contribution Deadline 2011 $16,500 $22,000 04/17/2012 (plus extensions) 2012 $17,000 $22,500 04/15/2013 (plus extensions) Year Maximum Contribution (if under age 50) Maximum Contribution (if over age 50) Contribution Deadline 2011 $49,000 […]

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Traditional IRA Contribution Limits 2011/2012

Here are the contribution limits for Traditional IRA for 2011/2012 Year Maximum Contribution (if under age 50) Maximum Contribution (if over age 50) Contribution Deadline 2011 $5,000 $6,000 04/17/2012 2012 $5,000 $6,000 04/15/2013

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Traditional/Roth IRA Contribution Limits

Here are the contribution limits for Traditional and Roth IRAs for 2008/2009 Traditional IRA and Roth IRA Contribution Limits Upto Age 50 50+ catchup 2008 $5,000 $5,000 2009 $6,000 $6,000

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