Thefinancebabe

The 10% early withdrawal penalty does not always need to sting you. Here are ways to leverage retirement assets without that penalty.

The 10% Early Withdrawal Penalty - A penalty to avoid with these tips While it is not a good idea to tap retirement accounts prior to retirement age, sometimes it cannot be avoided. What can often be avoided, however, is the punitive 10% penalty for early fund distributions. Outlined here are exceptions to the 10% penalty rule.

The IRS increased the standard business mileage rates for 2026. Here are the details.

2026 Mileage Rates are Here! - New mileage rates announced by the IRS Here are the standard mileage rates for 2026.

Reminder: Q4 estimated tax payment is due Thursday, January 15, 2026.

Reminder: Fourth Quarter Estimated Taxes Now Due - Now is the time to make estimated tax payments Plan now to make your 4th quarter estimated tax payment.

Smarter tax moves, simple ways to stay organized during tax season, solid money ideas, and tech changes already shaping daily life. Here's a quick read with value that lasts beyond January.

EmilySangCPA's Newsletter: January 2026 Happy New Year! With the holidays behind us, it's time to summarize last year's activities and prepare to file your 2025 tax return. So as you wait to receive the needed documentation, why not consider squeezing in a tax-savings New Year's resolution? This month's newsletter outlines three to consid...

The time to organize your tax records is now. Here are some suggestions.

Tips to Organize Your Tax Records - Creating order out of chaos Looking for some ideas to make filing your taxes less cumbersome? Here are some tips.

Holiday season also marks the start of tax identity theft season. Here are some tips.

Thieves Are Out NOW! - Tips to protect your tax information Now is tax theft season. Here are some tips to ensure you aren't snared in their trap.

Now is the time to plan next year's retirement contributions. Here's what you need to know.

Plan Your 2026 Retirement Contributions 2025 contribution limits are set for retirement plans. Now is a good time to plan your upcoming retirement contributions.

The IRS announced details of the new savings accounts for children and the free $1,000 deposits into the accounts. Here is what you need to do now.

IRS Updates Regulations for New Trump Accounts - What everyone needs to know An IRS notice outlines key details of new Trump Accounts and the $1,000 seeding of accounts for newborns. Included is a recent announcement of a special $250 contribution to children ages 10 and under. Here are key details.

Donating your car can be a great tax deduction, while helping a worthwhile cause. But if you are not careful, your donation value could be limited. Here is what you need to know.

Vehicle Donations: Do it Right! - A little mistake could cost you plenty One of the biggest contributions a taxpayer can make is to donate a used automobile. But if not careful, the value of a donated vehicle could be a lot lower than you think.

New tax rules arrive in 2026 - get a quick preview and simple steps to make your 2025 filing easier. Also have fun with our annual holiday quiz.

EmilySangCPA's Newsletter: December 2025 Plenty of new tax laws are set to land in 2026. This issue gives you an easy way to size them up, along with several practical moves to help make filing your 2025 tax return feel a whole lot easier. You’ll also find our holiday quiz – a fun way to test what you know about the traditions...

Time to review your annual employee benefits. Here are some tips.

Setting Benefits for Next Year - Great time to leverage tax ideas November is often the time to sign up for benefits in the upcoming year with your employer. Don't forget to consider ways to save on taxes. Here are some tips.

Considering loaning yourself money from your retirement account? Read this first!

Borrowing Money from Your 401(k) - Review this tip before you act! Many are dipping into their employer-sponsored retirement plans using the lending feature. Unfortunately, many are later faced with a tax problem!