Taxes are complicated, so it’s no wonder that everyone makes mistakes from time to time. But some actions go beyond incorrect arithmetic or thinking something is deductible when it’s not. Some …
In November, we show gratitude for the many things we are thankful for throughout the year. Family usually tops the list. The strong women in our lives are one of the central figures we …
All parents are familiar with the high cost of raising children. But did you know that your children may help you to qualify for some income-tax benefits? Here are some benefits the IRS wants parents …
There are many online resources regarding Social Security, so it is important that you come to us as the first place for answers. You can find many of the answers about our programs and services on …
In the Current Pension Topics of Oct. 9, I wrote: "The city (taxpayer) can satisfy all of its borrowing needs at an interest cost of about 1.5 percent. So why does the city borrow the member's …
The Earned Income Tax Credit (EITC) is a financial boost for workers earning $56,844 or less a year. The IRS estimates that each year one in five eligible Americans misses out on money the government …
Do you rent property to others? Rental real estate provides more tax benefits than almost any other investment. Besides, the potential for an ongoing income and capital appreciation; such investments …
We are here for surviving family members when a worker dies. In the event of your death, certain members of your family may be eligible for survivors benefits. These include widows and widowers, …
Q.: How does a TRS-TDA participant report a TDA withdrawal on his or her New York State personal income tax return? M.P. A.: If the participant is younger than age 59.5, the withdrawal is fully …