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In Downingtown, aftermath of a plant closing
For more than 50 years, workers at the Reynolds Packaging plant in Downingtown have been printing packaging for consumer goods -- from pouch tobacco to chocolate milk. The facility has changed hands several times over those years, but its most recent owner, the Rank Group in New Zealand, decided to close the factory, putting more than 120 people out out of work.
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Question: I've started trading futures and currencies. It's a small account, but I'm worried about the effect on my taxes because there is so much trading. Is there anything I can do about that?
New rules for Individual Retirement Accounts should induce you to see if 2010 is the year to convert any traditional IRA into a Roth IRA. It depends on when you'd rather pay the taxes.
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