7 Last-Minute Tax-Saving Tips
The year is quickly drawing to a close, but there’s still time to take steps to reduce your 2017 tax […]
Taxes
Investment, Taxes
Even If Your Income is High, Your Family May be Able to Benefit From the 0% Long-term Capital Gains Rate
We’re entering the giving season, and if making financial gifts to your loved ones is part of your plans —
Investment, Retirement, Taxes
You May Need to Add RMDs to Your Year-end To-do List
As the end of the year approaches, most of us have a lot of things on our to-do lists, from
Taxes
Why You May Want to Accelerate Your Property Tax Payment Into 2017
W Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea.
Taxes
Could the AMT Boost Your 2017 Tax Bill?
A fundamental tax planning strategy is to accelerate deductible expenses into the current year. This typically will defer (and in
Investment, Taxes
The Ins and Outs of Tax on “Income Investments”
Many investors, especially more risk-averse ones, hold much of their portfolios in “income investments” — those that pay interest or
Business, Investment, Taxes
2 ACA Taxes That May Apply to Your Exec Comp
If you’re an executive or other key employee, you might be rewarded for your contributions to your company’s success with
Taxes
Don’t Ignore the Oct. 16 Extended Filing Deadline Just Because You Can’t Pay Your Tax Bill
The extended deadline for filing 2016 individual federal income tax returns is October 16. If you extended your return and know
Taxes
“Bunching” Medical Expenses Will Be a Tax-smart Strategy for Many in 2017
Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are deductible
Investment, Retirement, Taxes
Investors: Beware of the Wash Sale Rule
A tried-and-true tax-saving strategy for investors is to sell assets at a loss to offset gains that have been realized