Rood Financial Services

If you have not already done so, please plan to make your 1st and/or 2nd quarter estimated tax payment(s). The due date is Wednesday, July 15, 2020.

You have until August 31 to return that retirement distribution you received earlier this year if you either don't need it or don't want to pay taxes on it in 2020.

Every year thousands of taxpayers go through a gotcha with the IRS thanks to large, unexpected tax bills. Here are five common causes of tax surprises, ranging from lost refunds to retirement plan mistakes.

Remember, the tax filing due date is now July 15! This also means the long-delayed estimated tax due date is also this month. So now is the time to double-check your withholdings for 2020.

The Child and Dependent Care Credit can be used to offset summer time care expenses for your qualifying dependents. These expenses don't just include sending your kids to daycare while you work. Here is what you need to know.

In an effort to assist in planning for retirement, there are a number of provisions in the tax code that benefit those who wish to retire early. Here are a number of tips.