Jai Prabakaran

For many people, retirement planning is built around a few familiar ages. Age 59½ is when the normal 10% early-withdrawal tax generally stops applying to retirement-account distributions. Social Security becomes available later. Medicare begins at 65. But what happens if you want to retire at 55? Or 52? Or even earlier? You may have accumulated substantial wealth in your IRA, 401(k), or other retirement accounts but discover that much of your money appears to be "locked up" until age 59½....

If you requested an extension to file your 2025 individual income tax return, the October 15, 2026 filing deadline is approaching. For many taxpayers, filing an extension provided some much-needed additional time to gather documents, organize financial records, and prepare an accurate tax return. But with October 15 getting closer, now is a good time to make sure your return is moving toward completion. This is especially important if your tax situation involves self-employment income,...

If you own an LLC or S-Corporation and your 2025 business tax return is on extension, the September 15 filing deadline is approaching. For many calendar-year S-Corporations and multi-member LLCs taxed as partnerships, September 15 is the extended federal filing deadline. The additional time provided by an extension can be valuable, particularly when bookkeeping needs to be completed or financial information is still being gathered. However, an extension should also be an opportunity to make...