Tax Tips for Investors

Tax Tips for Investors April 9,  2019   1. Capital Gains Carry a Special Favored Tax Status. The tax rates on long-term capital gains are lower than the rates on ordinary income (such as wages and business income). Consider putting more of your...

Tax Day Questions

5 Questions to Ask as the Tax Deadline Approaches April 3,  2019    1. What Happens if I Don’t File On Time? There’s no penalty for filing a late tax return after the deadline if you are set to receive a refund. However, penalties and interest are due if...

Tax Tips to Retire Early

Tax Tips to Aid in Retiring Early March 25,  2019   1. Maximize Tax Advantaged Retirement Accounts. Retirement accounts like Traditional IRAs and 401(k)s allow qualified taxpayers to save pre-tax money, invest the funds, and not pay taxes until the funds are...

Knowing the Rules of Capital Gains and Dividends

Know the Rules of Capital Gains & Dividends March 14,  2019   Capital Gains and Dividends are subject to a number of different tax rates. Because of this, know the rules can be a great way to cut your tax bill. Dividends For most taxpayers, qualifying...

Ten Tax Tips for Individuals

Ten Tax Tips for Individuals March 6,  2019     1. Reduce Your Consumer Debt. The interest you pay on consumer debt is not deductible. Consider shifting consumer debt to a home-equity loan (where available and not to exceed $100,000) to...

Filing a Federal Tax Return

Federal Tax Return Exceptions Do you need to file a Federal tax return? March 4,  2019   One of the more common tax questions is whether you need to file a federal tax return this year. The answer is: it depends. But not filing a tax return when you should...