financial assistance Archives | Crabb Tax Services https://crabbtaxservices.com Experience, Integrity & Personal Service Mon, 04 Nov 2019 04:41:27 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.2 Thinking of Paying for Long-Term Care From Your IRA? Think Again. https://crabbtaxservices.com/thinking-of-paying-for-long-term-care-from-your-ira-think-again/ https://crabbtaxservices.com/thinking-of-paying-for-long-term-care-from-your-ira-think-again/#respond Tue, 19 Mar 2019 21:49:58 +0000 https://crabbtaxservices.com/?p=2150 Chances are a big portion of your retirement savings are in pretax accounts like a 401(k) or IRA. If you need to tap those accounts for costly care, you must realize that every dollar is taxable. And you might be shocked at the tax rates that come with withdrawals large enough to foot the bill.

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]]> https://crabbtaxservices.com/thinking-of-paying-for-long-term-care-from-your-ira-think-again/feed/ 0 How To Analyze Your Annual Credit Report And Spot Errors https://crabbtaxservices.com/how-to-analyze-your-annual-credit-report-and-spot-errors/ https://crabbtaxservices.com/how-to-analyze-your-annual-credit-report-and-spot-errors/#comments Mon, 21 Jan 2019 05:54:53 +0000 https://crabbtaxservices.com/?p=1689 Nobody really likes to think about his or her credit report. Even if you’re 99% certain that your credit is in good standing, requesting your annual credit report can be an exercise in anxiety. Imagine if you’re wrong. Maybe, all along, you didn’t really understand your report in the first place.

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]]> https://crabbtaxservices.com/how-to-analyze-your-annual-credit-report-and-spot-errors/feed/ 1 IRS Tax Tip: Taxpayers Who are Victims of Domestic Abuse Should Know Their Rights https://crabbtaxservices.com/irs-tax-tip-taxpayers-victims-domestic-abuse-know-rights/ https://crabbtaxservices.com/irs-tax-tip-taxpayers-victims-domestic-abuse-know-rights/#respond Sat, 21 Oct 2017 00:03:42 +0000 https://crabbtaxservices.com/?p=1536 Domestic abuse often includes control over finances. An important part of managing finances is understanding one’s tax rights. Taxpayers have the right to expect the IRS to consider facts and circumstances that might affect the individual’s taxes.

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]]> https://crabbtaxservices.com/irs-tax-tip-taxpayers-victims-domestic-abuse-know-rights/feed/ 0 IRS Tax Tip: Individuals Who Need to Reconstruct Records After a Disaster https://crabbtaxservices.com/irs-tax-tip-individuals-who-need-to-reconstruct-records-after-a-disaster/ https://crabbtaxservices.com/irs-tax-tip-individuals-who-need-to-reconstruct-records-after-a-disaster/#comments Fri, 06 Oct 2017 00:30:18 +0000 https://crabbtaxservices.com/?p=1540 Taxpayers who are victims of a disaster might need to reconstruct records to prove their loss. Doing this may be essential for tax purposes, getting federal assistance, or insurance reimbursement. IRS Tax Tip 2017-54, October 4, 2017 Here are 12

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]]> https://crabbtaxservices.com/irs-tax-tip-individuals-who-need-to-reconstruct-records-after-a-disaster/feed/ 1 How To Rebound From A Massive, Unexpected Tax Bill https://crabbtaxservices.com/how-to-rebound-from-a-massive-unexpected-tax-bill/ https://crabbtaxservices.com/how-to-rebound-from-a-massive-unexpected-tax-bill/#respond Wed, 30 Aug 2017 20:57:58 +0000 https://crabbtaxservices.com/?p=1337 We didn't know how to dig ourselves out of our tax debt, but we managed to do it, and we learned some valuable lessons along the way. If you're overwhelmed by the amount you owe, here are some tips to help you rebound from a surprise tax bill.

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]]> https://crabbtaxservices.com/how-to-rebound-from-a-massive-unexpected-tax-bill/feed/ 0 IRS ALERT: Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Harvey https://crabbtaxservices.com/retirement-plans-can-make-loans-hardship-distributions-victims-hurricane-harvey/ https://crabbtaxservices.com/retirement-plans-can-make-loans-hardship-distributions-victims-hurricane-harvey/#respond Wed, 30 Aug 2017 20:57:18 +0000 https://crabbtaxservices.com/?p=1324 If you or someone you know is being affected by Hurricane Harvey, please send this information NOW…it could save them a lot of hardship! – Chris Crabb WASHINGTON —The Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement

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