Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Many married couples include a working spouse and nonworking spouse. One common retirement planning question is: Can a nonworking spouse contribute to a traditional or Roth IRA?

 

Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Many married couples include a working spouse and nonworking spouse. One common retirement planning question is: Can a nonworking spouse contribute to a traditional or Roth IRA?

 

KWC is a team of accountants and advisors all dedicated to the founding principle of providing quality personal service. We are committed to helping you reach your financial goals by providing innovative accounting solutions to today’s complex problems. Our strong client relationships are built on the knowledge and responsiveness of our service teams. We take the time to understand you and your organization.  As your trusted advisors, we anticipate and plan for opportunities to drive your success.

KWC specializes in providing tax, audit, accounting, business consulting services and client advisory services (including outsourced accounting, virtual CFO services, internal control analysis, accounting systems analysis and design) for businesses, individuals, estates, trusts, non-profit organizations, and employee benefit plans. Our diverse client base served includes industries such as professional service firms, government contractors, non-profits, real estate, construction and specialty contractors, and healthcare providers. KWC is the CPA firm clients trust in Alexandria, Arlington, Fairfax, Tysons Corner, Springfield, Arlington, the Richmond Metropolitan Area, Northern Virginia, Washington, D.C. and Maryland.

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Firm News & Updates

Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Not all married couples earn dual incomes. For example, during the course of a marriage, one spouse may leave the workforce to care for a family member or tend to his or her own health issues. Regardless of why you left and whether it's temporary or long-term, you...

IRS Transition to Electronic Payments and Refunds

IRS Transition to Electronic Payments and Refunds

Overview Since September 2025, the federal government has been operating under Executive Order 14247, which directs federal agencies to transition receipts and disbursements, including IRS tax payments and refunds, to electronic formats “as soon as practicable.” This...

KWC Principals Named 2026 Top Financial Advisers

KWC Principals Named 2026 Top Financial Advisers

KWC is pleased to announce that Emily Crimmins, Howard Kramer, Wendy Kurz and Irene Walsh have been named as 2026 Top Financial Advisers (Tax Accountant category) in Washington, DC by Washingtonian Magazine. Emily Crimmins is a Principal in KWC’s Business Services...