July 2012 CPA eNewsletter

E-CPA – July 2012

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update
2. Important Dates – Mark Your Calendar
3. Buying or Renting Your Next Home
4. Financial Tips for Single People
5. Podcast: Financial Advice for Couples
6. Avoiding an Early-Withdrawal Penalty on Retirement Plans

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1. WARHAFTIG & ASSOCIATES, CPA UPDATE.

Please remember, if you are in need of any financial and/or tax advice during the course of the year, feel free to call to make an appointment.

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2. IMPORTANT DATES – MARK YOUR CALENDAR

Estimated Payments might be required by the IRS and the State if you owed money in the previous year. Don’t get caught with penalties and interest on your next year’s return when you don’t need to.

Please call if you have any questions or concerns.

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3. Buying or Renting Your Next Home
You’ve seen for sale signs on houses around town, and they’ve got you thinking. Maybe now is the time to declare independence from your landlord and purchase your own home. Buying a house will be the largest investment most people ever make. Before you look for a house, analyze whether renting or buying makes the most sense.

http://moneymattersnj.com/story.cfm?SID=15652

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4. Financial Tips for Single People
Almost half of all adult Americans — nearly 100 million people — either have never been married or are divorced or widowed. Many of these people incorrectly decide that financial planning is something that only married people do, but it’s always advisable for everyone to make sound financial decisions that will pay off now and in the future.

http://www.moneymattersnj.com/story.cfm?sid=15653

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5. Podcast: Financial Advice for Couples
Couples need to learn how to handle money situations together — from paying for their wedding to tax planning to maintaining a household budget. But men and women often find it difficult to talk honestly about their financial goals. Try following these steps to get the conversation started.

http://moneymattersnj.com/story.cfm?sid=13284

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6. Avoiding an Early-Withdrawal Penalty on Retirement Plans
The money that you’ve accumulated in a retirement savings account can look awfully tempting at times. If you feel you have no choice but to withdraw from a retirement account, you may find that it’s a costly option because of the potential taxes and penalties involved. Be sure you understand the price you’ll have to pay and the exceptions to the rules.

http://www.moneymattersnj.com/story.cfm?sid=15649

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E-CPA is a monthly email publication provided by

Warhaftig & Associates, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694