Post-Deadline Tax Tips

The tax filing deadline has come and gone. If you didn’t file a tax return or an extension but should have, you need to take action now.

Avoid Income Tax? How to Use RMDs for Charitable Giving

Are you a Lockheed Martin employee or retiree who is in the stage of life where you now have Required Minimum Distributions (RMD) from your tax-deferred investments (IRA, 401k, 403b, 457, etc.)? Did you know that you can avoid paying income tax on your RMD by donating it directly to a charity? Yep, that’s right! […]

Common Tax Forms You Need to Know

As a Lockheed Martin employee or retiree, you have many years of experience in filing your taxes but there are just as many new Lockheed Martin employees who may start filing their taxes on their own for the first time.  Even if you are not new to filing taxes, sometimes the plethora of tax forms […]