We here at Biwan & Biwan, S.C. feel that an informed client is our best customer. We know that there is a lot of information on the Internet and it can be tough to determine what is valuable. That is why we have selected the following article(s) for you to view. Print This Page   2009 Tax Planning Letter 2009 Tax Highlights 2009 Roth IRA Information 2009 Home Buyer Credit (Revised) 401K Borowing Information Investment Fraud Charitable Contribution Substantiation Hobby Loss Rules Independent Contractor or Employee classification

How Earned Income Impacts Your Social Security Benefits If you are a social security beneficiary under full retirement age (currently age 66), an earnings test determines whether your social security retirement benefits will be reduced because you earned more from a job or business than an annual exempt amount (discussed below).   Required Minimum Distributions Waived for 2009 Taxpayers can be subjected to an onerous excise tax if they take less than the required minimum distribution (RMD) from their retirement plan each year.   Retaining Tax Information and Records Retaining and storing your income tax information and records is an important final step of your tax filing responsibility. This article contains information on the rules for keeping your tax records.