We have received reports of people receiving emails that appear to be from the IRS/EFTPS that indicate that a payment has errors. If you receive this email, DO NOT respond to it or click on any of the links imbedded in the email. The IRS and EFTPS does not send email correspondance to businesses or individuals. For more information, click on the link below (this link is legitimate, you can click on it).
http://www.irs.gov/newsroom/article/0,,id=229075,00.html?portlet=7
5 Tax Surprises That Can Shrink Your Retirement Savings
Key Takeaways: RMDs become mandatory at age 73, and missing one can trigger a penalty of up to 25% of the required amount. A new temporary $6,000 deduction ($12,000 for joint filers) is available for taxpayers 65+ through 2028. Investment gains, pension income, and...