March 31, 2014, WUSA Channel 9 — Are you ready to file your 2013 taxes? Be sure you are getting all the credits you can, says CFP® Michael Egan. Don’t miss his appearance today on the noon news, WUSA Channel 9.
Seven Tips to Remember Before You File Your 2013 Taxes
Egan answers these questions:_
- What are the retirement plan contribution deadlines?
- I understand you can also deduct professional services fees. How much, and how does that work? Are there any limitations?
- Are Long-Term Care premiums tax deductible, provided that you purchased a “tax-qualified” plan?
- What about Capital Gains and 529 Plan contributions?
- How should we account for those on our tax filing?
- Also, same-sex married couples may now file a joint return. How does that work compared to previous years?
- If you have a foreign bank account, how should you handle that?
Michael P. Egan, CFP®
Financial Planner / Partner
Founding partner of Egan, Berger & Weiner, LLC
24 years of experience in the financial services industry—as a mutual fund analyst, accountant, and financial planner
Graduate of George Washington University, with degree in Finance
Hosted a weekly radio show on financial planning in the Washington market.
Presenter on retirement planning for Fairfax County Public School’s Adult and Community Education
Active member of the Financial Planning Association (FPA)
The son of Irish immigrants, Michael has been married to his wife, Terri, for 20 years, and they have two daughters, Amanda and Shannen. Originally a native of Connecticut, Michael moved to Northern Virginia in 1990. He is an avid New England sports fan and roots passionately for the Red Sox, Patriots, Celtics, and UCONN Huskies.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.