Category: Tax Planning

A capital gain occurs when you sell something for more than you spent to acquire it. For example, if you bought stock for $3,000 and sell it for $5,000, you […]

A Roth IRA for kids. Originally, this was a befuddling idea for brokerages — an IRA for minors? But now marketers admit that over the past two to three years, […]

The so-called one-page tax reform proposal issued by the White House is less a formal tax plan than a series of goals. Even with the Republicans in control of both […]

If you’re like many Americans, you have a great deal of your wealth tied up in traditional IRA accounts. Why? The tax-free benefits motivated you. But there’s going to come […]

Nobody likes paying taxes, and the IRS gets that. But citizens who come up with the-dog-ate-my-homework excuses for not paying their fair share of taxes really annoy the U.S. government. […]

Now’s the time to start saving for your child’s higher education, and a 529 plan, named after Section 529 of the Internal Revenue Code, is one way to put aside […]

Real Estate can be a particularly prudent long term investment, and one reason why is that it offers big tax incentives.  Everything from residential rental properties, to apartment complexes, vacation […]