Jason T. Dinesen, EA
TAX & ACCOUNTING
Dinesen Tax & Accounting, P.C. is no longer in business. Jason Dinesen has moved on to other endeavors outside of tax preparation. Check out dinesenmedia.com for more.
Newest Articles
The 10% Penalty on Withdrawals from Retirement Accounts
Money you hold in a retirement account may be subject to a 10% penalty if you touch the money before you turn age 59 ½. Sometimes, though, you can withdraw the money and avoid the penalty.
Because nothing with taxes is ever easy, the rules are sometimes the same and sometimes different, depending on if the …
How to Fix Roth IRA Over-Deposits
In a prior post, we covered over-contributions into a Roth IRA. Now, let’s look at what the fixes are.
Fix 1: Withdraw the Over-Contribution
This is the fix I see most often, and is usually the best fix. If you catch the over-contribution before you file your tax return, you simply withdraw the over-contribution and it’s …