Taxes

The Worst Thing About Being an Option Seller

As on option seller, there’s a chance that you get this unexpected type of attraction. Got a call from a friend yesterday. You probably have gotten a call like this one before. I am not going to reveal his name, let’s call him Joe. Joe calls up and got right to the point. “Allen, I…

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Avoid This 50% Tax

Missing this deadline could shortchange your retirement plans   By Tom Anderson. Thursday, 31 Dec 2015 | 7:00 AM ET|01:08 Original article: http://www.cnbc.com/2016/07/29/older-boomers-face-required-ira-withdrawals-or-a-50–percent-tax.html The first baby boomers are turning 70 this year. That means they soon will have to take a required minimum distribution from their traditional IRAs and 401(k) plans.  The stakes are high for…

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