As another year draws to a close, it’s time to start thinking about taxes, perform a review of your finances and investment portfolio, and figure out what moves you should take before the end of the year. No one likes to pay more taxes than they have to, so we’ve interviewed an expert who shares […]
Paying taxes, is still something many investors overlook when making plans for their retirement portfolios. Without the right tax planning, your real returns could take a bigger hit than you originally planned.
One of greatest advantages to saving for retirement is the tax benefits you get when investing in an IRA or other approved retirement account. Most people know there are tax benefits to opening an IRA account, but few understand how many benefits there are, and how powerful they can be in the cause of saving […]
As is the case every year, the New Year brings a host of changes for retirement plan contributions in 2015. Virtually all retirement plans, like employer sponsored plans and self-employed plans, will be affected. With inflation being on the low end of the scale, the changes in contribution and income limits will be only moderate […]
The media is currently buzzing about corporate inversions and their effect on the economy, taxes, and business. What exactly is a corporate inversion? It’s when a U.S. based company merges with a foreign company as a way to offset the steep 35% corporate tax rate here in the United States. How will this move affect […]
There are different types of financial and investment documents that we rely on, in spite of the fact that so much of this information is now available online. Most companies limit how far back you can go with previous years documents, so the only way that you can make sure that you will have the […]
We all make mistakes. Sometimes, these mistakes are small, so it’s easier to recover from them and move on, determined to avoid the same mistakes in the future. Other mistakes can be costly and harder to recover from. When you invest, it’s important to avoid some of the big tax mistakes that can add up […]
Updated and expanded for 2014. In 2014, the name of the tax changes game is the Affordable Care Act, or Obamacare. This is the first year citizens will be penalized for not having health insurance. Along with this comes a new tax credit — the Premium Tax Credit — for purchasing qualifying health insurance through […]