Monthly Archives: September 2013

Consider Making a Charitable Gift From Your IRA

    The tax law signed last January extended the tax break that allows contributions of up to $100,000 from a traditional IRA to a qualified charity.  Our Bergen County CPA office offers you insight to this. Taxpayers aged 70½ or older can make a distribution directly from an IRA to a charity. The amount donated is not included in… (more…)

Tips on How to Amend Your Tax Return

  If you discover an error after you file your tax return, you can correct it by amending your return. Here are 10 tips from the Internal Revenue Service about amending your federal tax return: 1. When to amend a return.  You should file an amended return if you need to correct your filing status, number of dependents, total income, tax… (more…)