How 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…

Read More

Understanding the Data Scorecard

Measuring the right activities today can tell you where your business is going tomorrow Being in the right place at the right time isn’t always a matter of luck. Organizations that adhere to the principles of the Entrepreneurial Operating System (EOS) use a powerful tool which allows them to take the pulse of their business…

Read More

Investments that Give You the Biggest Tax Breaks (Part One)

Insurance products offer tax-deferred growth while hedging your financial risk Investing is a wise way to build wealth for the future. But taxes can take a big bite of the money you earn if you don’t choose the right products. Fortunately, advanced planning can put you in the driver’s seat, enabling you to make informed…

Read More

How to Avoid Overpaying Tax on Stock Investments

Make sure you’re not paying the IRS more than necessary on your stock investment gains Even though stock investments can be risky, investors can realize pretty big returns. Most experts suggest creating a diverse portfolio of different kinds of stocks, and hanging on to them through various market fluctuations. But keep in mind that there…

Read More

How to Avoid Triggering the Dreaded Wash Sale Rule

Don’t make this critical mistake that keeps you from harvesting losses on taxable investments The silver lining to losing money in the stock market is getting a tax benefit. Recording a loss is as simple as selling the losing investment – and when your capital losses exceed your capital gains, you can take a tax…

Read More

Why You Can’t Overestimate the Importance of Tax Planning

Failing to create a plan is the most expensive mistake taxpayers can make Many people scramble to find ways to reduce their taxes as April 15 approaches – and then dive back into busy lives and don’t give them another thought until the following year. But not making time for advance tax planning is one…

Read More

How to Avoid Overpaying Tax on Bond Investments

Worried about taxable payouts? Here’s what you should know about taxes and bond investments For any investor, creating a balanced portfolio can take years of practice and market study – not to mention countless meetings with advisors. While bonds aren’t always the talk of the town, these usually-conservative investments do have their benefits. Bond investments…

Read More

How to Avoid Overpaying Tax on Cash Investments

While investment planning requires much more than IRS considerations, make sure you’re not paying too much in tax Cash investments are another way that investors can balance out their portfolios with safe, predictable options. These offer stability in returns, as they don’t fluctuate with the stock or bond markets. However, because there is low risk,…

Read More