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 […]
Taxes
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
Investment, Retirement, Taxes
Why You Should Boost Your 401(k) Contribution Rate Between Now and Year End
One important step to both reducing taxes and saving for retirement is to contribute to a tax-advantaged retirement plan. If
Investment, Taxes
Save More for College Through the Tax Advantages of a 529 Savings Plan
With kids back in school, it’s a good time for parents (and grandparents) to think about college funding. One option,
Taxes
Watch Out for Potential Tax Pitfalls of Donating Real Estate to Charity
Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income tax
Taxes
The ABCs of the Tax Deduction for Educator Expenses
At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents