Archive for December 2018
6 Tips for Finding the Tax Advisor Who Can Help You Achieve Your Financial Dreams
How choosing the right partner can save business owners millions Smart tax decisions can often save business owners millions of dollars over a lifetime. And that makes partnering with an exceptional tax advisor one of the most important steps you can take to protect and grow your wealth. Great tax advisors don’t simply do the…
Read MoreHow to Avoid Choosing the Wrong Tax-Advantaged Retirement Plan
There’s no one right way to save for retirement. Weigh the pros and cons of each type of account. Then do the math to figure out which one will save you more tax in the long run. There are many retirement savings accounts out there that offer tax savings and substantial long-term asset growth. But…
Read MoreInvestments that Give You the Biggest Tax Breaks (Part Two)
Tax-advantaged income generators offer major benefits to sophisticated investors When it comes to investing, the returns you make aren’t all that matter – the endgame is also about how much cash stays in your pocket after taxes. In the first installment of our two-part series on investments that offer the biggest tax breaks, we considered…
Read MoreHow to Avoid Overpaying Tax on Mutual Funds
Mutual funds can be taxefficient investments – that is, as long as you are aware of the strategies necessary to avoid overpaying the IRS Investing in mutual funds is a way for investors to pool security ownership with other investors. But when you’re considering taking advantage of the benefits of mutual funds, make sure you…
Read MoreHow to Avoid – or Reduce – Capital Gains Tax
Capital gains tax doesn’t have to overshadow your profits. Capital gains are profits you see from the sale of assets and investments, such as stocks and bonds or real estate. Any capital losses you experience each year are offset against these gains. Capital gains tax is the tax you must pay to the IRS on…
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