Retirement Watch Lighthouse Logo
Retirement Watch Lighthouse Logo

Taxes in Retirement

Bob Carlson of Retirement Watch on how to manage your taxes and planning strategies to pay less

Found 440 Articles.
Get access to our full article archive by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

Planning for Coming Income Tax Changes

June 1, 2010

Tax changes are in the works, and you need to take action in 2010 to avoid paying more than you have to this year and in coming years. Strategies in 2010 will be different from past years because of the way the law will change. Consider these unique or overlooked strategies. Consider accelerating income. Tax […]

Still Taking Tax Breaks for Fixing Your Home

May 1, 2010

Some of the government incentives from the financial crisis have expired, but the tax breaks for making your home more energy-efficient are available through the end of 2010 and apply to energy- efficient improvements you made in 2009. We know more about the breaks than when the law first was enacted, but you still have […]

Planning Next Year’s Tax with This Year’s Return

May 1, 2010

Don’t close your income tax return file just yet. You need that tax return to plan for the rest of this year and next year. Tax planning used to be something you could do near year-end. These days, it should be more of a year-round activity, and last year’s tax return is the best place […]

April 2010

April 1, 2010

April 29, 2010 03:30 p.m. Wild week of headlines and more For many months volatility was declining in the investment markets, and investors were secure in the belief that the economy was solid and asset prices would continue rising. Things have changed a bit. On Tuesday afternoon, the headlines were not to rosy. Here’s what […]


What you don’t know about retirement can hurt you. In fact, just a few wrong decisions in your investments, taxes, or estate planning could completely derail your retirement plans. Worse yet, the rules of the game keep changing, making it harder to keep up. For these reasons, I’ve assembled all the key points – everything you need to know — into one comprehensive report. Click here today for free access.

Averting Problems in This Year’s 1099-Rs

April 1, 2010

Retirees need to pay careful attention when completing their 2009 tax returns. Some changes in the forms and in the financial services industry could cause confusion and mistakes in your return. The mistakes could cause the IRS to contact you in a few months and maybe result in penalties and interest. Financial industry upheaval. Many […]

Logging Days Saves You Tax Dollars

April 1, 2010

Counting days is important to those who reside in more than one place that imposes taxes. In general, only people who live in more than one state have to worry, but when a locality imposes an income tax you also have to pay attention. A day here or there could change your tax bill by […]

Deducting All Your Medical Expenses

March 1, 2010

Many taxpayers leave money on the table because they don’t deduct all the medical expenses they are allowed.  Medical expense deductions were tightened over the years, leading many people to believe they can’t deduct their expenses. But you can deduct medical payments as itemized expenses, and many people qualify for higher deductions than they realize, […]

Writing Off Long-Term Care

March 1, 2010

At least some of the expenses of a nursing home or assisted living facility usually are deductible. The amount of the deductions depends on the circumstances. You have to know the rules to maximize your deduction. When the primary reason for residing in a nursing home is one’s physical condition and the availability of medical […]


Log In

Forgot Password