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Wednesday, October 20, 2021

Protect Yourself from Social Security Scams

Scammers are pretending to be government employees. Scammers will try to scare and trick you into giving them your personal information and money.

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IRS issues standard mileage rates for 2020

IR-2019-215, December 31, 2019

WASHINGTON — The Internal Revenue Service today issued the 2020 optional standard mileage rates (PDF) used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Read More>>

Social Security Administration and its Inspector General Announce New Online Reporting Form for Imposter Scam Calls

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How To Minimize Taxes When You Inherit An IRA

David Rae, Contributor
Personal Finance
Apr 18, 2019

You have two main options after inheriting a retirement account. Withdraw all of the money and receive a whopping tax bill, or move the inherited 401(k) or IRA into a Beneficiary IRA (aka Inherited IRA) and defer taxes until you make withdrawals. More>>