Federal Tax News for Individuals
Retirement Plan Distributions: Know the Tax Rules At tax time, age matters. Taxpayers who take distributions from their retirement accounts before age 59½ will generally owe a penalty of 10% of the amount of the distribution. There are exceptions, such… Read more »
Read Full Newsletter »Advantages of Using Direct Deposit for Tax Refunds, Consequences of Unpaid Federal Tax Debt, Excludable Income from Some States, Federal Tax News for Individuals, Retirement Plan Distributions