Johannah MadonnaDec 29, 20203 min readCAN I DONATE MONEY TROUGH MY IRA?Money from your IRA or Individual Retirement Account can be utilized to give to 501 (c) 3 entities. This question has come up several...
Johannah MadonnaDec 22, 20202 min readSecond Stimulus-$600 PaymentsAfter months of negotiations and proceedings, Congress finally passed another coronavirus relief package totaling $900 billion. The...
Johannah MadonnaSep 27, 20203 min readRelief for Taxpayers Taking Retirement Distributions Due to COVID 19Typically when you make a withdrawal from a 401(k) or an IRA before the age 59 ½ you will be penalized at the rate of 10%. The Internal...
Johannah MadonnaSep 15, 20203 min readTax Scams: Don't be VictimThousands of people lose personal data and millions of dollars to tax scams each year, despite the IRS publishing its ‘Dirty Dozen’ list...
Johannah MadonnaSep 8, 20203 min readSocial Security TaxationA Closer Look at Social Security Taxation: The Importance of the Combined Income Calculation If you’re concerned about whether – or how –...
Johannah MadonnaSep 1, 20203 min readTraditional and ROTH IRA TaxationThe Role of Traditional and Roth IRA Taxation Ask anyone who is putting money aside for retirement what the first thing was that they...