tax Archive
The Difference Between Tax Credits and Deductions
Posted by Mary Caraccioli | Filed under tax
A question I get a lot is, “What is the difference between a tax deduction and a tax credit?” The Answer: A tax deduction is something that reduces how much taxable income you claim. A tax credit is something that directly reduces how much... (more...)
Tags: caraccioli, deductions vs credits, tax time
Ask Mary: IRA Conversions
Posted by Mary Caraccioli | Filed under tax
Robert asked: CAN YOU GIVE US THE GENERAL PARAMETERS FOR MAKING THE DECISION TO WHETHER CONVERT FROM A TRADITIONAL IRA TO A ROTH IRA? ROBERT THANKS FOR THE QUESTION. ROBERT- A LOT OF FOLKS ARE ASKING ABOUT THAT HOT TOPIC RIGHT NOW. LETS START WITH... (more...)
Tags: caraccioli, MARY, money
Should it Stay or Should it Go?
Posted by Mary Caraccioli | Filed under tax
I received a good follow up question in response to my last article on what women over 40 years old need to know about money. Becky asked, “What bills should I save forever and which should I keep?” Great question Becky! My office area... (more...)
Tags: caraccioli, documents, paperwork
Energy Investment: Gov. Ed Rendell on the Future of Fuel
Posted by Mary Caraccioli | Filed under Alternative Fuels, Energy, Green, Videos, tax
Remember the days before the great recession? We were more concerned about oil hitting $200- than with the solvency of our banks and our personal balance sheets. It was in this environment that I spoke with the Governor of Pennsylvania about the issue... (more...)
Tags: caraccioli, Energy, energy policy, fuel, nat gas, oil, rendell, wind, windfall profits
Make $ This Summer
Posted by Mary Caraccioli | Filed under tax
You rarely see or hear tax stories in the news — most editors and producers think the topic isn’t sexy enough. But if building wealth matters to you, then you have to care about tax issues. With a few deft moves you can end a year wealthier... (more...)
Tags: tax, tax strategies, taxes
