by Laura Navarro | Nov 29, 2016 | Financial Planning, Tax Planning
The end of the year is a busy time spent with friends and family during holiday celebrations. Consequently, most people aren’t thinking about financial “spring cleaning.” However, carving out time to organize and visit the following items will prove to be a valuable...
by Manchester Financial | Oct 7, 2016 | Economy, Markets, Tax Planning
If you converted any portion of your traditional IRA to a Roth IRA in 2015, you have until October 15, 2016, to complete a “do-over” – also known as a recharacterization. This will erase the Roth IRA conversion, treating it as if it never occurred. Your 2015 taxable...
by Manchester Financial | Dec 23, 2014 | IRA, Tax Planning
While almost everyone has an IRA, very few investors are aware of the complex and ever-changing rules which govern them. Every year, there are dozens of important court cases and IRS rule changes which add to IRA complexity. This year is no exception. Here are...
by Manchester Financial | Nov 23, 2009 | IRA, Tax Planning
The Beatles’ George Harrison wrote these famous lyrics in “The Taxman” when he realized his earnings were pushing him into the 95% tax bracket in England: Should 5% appear too small, be thankful I don’t take it all, ‘Cause I’m the taxman, yeah, I’m the taxman. It may...
