FREE IRS Report on Solving Tax Problems
Send Me the FREE ReportA 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 […]
Why Parents Should Contribute to Their Kids’ Roth IRAs
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, […]
Tax Reform: What are we looking at?
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 […]
Can You Leave Your IRA to Charity?
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 […]
Don’t Try to Be Funny with the IRS
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. […]
529 Plans: What Do I Need to Know?
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 […]
Tax Advantages of Investing in Real Estate
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 […]