Financial Level

A series of strategies for tax-wise investors. Table of Contents. Location getty There are good places and bad places to park certain kinds of investments. Swapping locations can save a bundle at tax time. You have, or should have, three slots for money: a taxable brokerage account, pretax 401(k) or IRA retirement accounts and a

A series of strategies for tax-wise investors. Table of Contents. 501(c)(3) Associated Press “Qualified charitable distribution” is tax jargon for money you send directly to a charity from your pretax retirement account. This beats taking the money into your bank account and then writing a check to the charity. With the QCD, you keep the

A series of strategies for tax-wise investors. Table of Contents. Gig. (Photo:Damian Dovarganes) ASSOCIATED PRESS Moonlighting yields some nice tax dodges. With side income you can: —deduct things you couldn’t from a salary, —grab a 20% “pass-through” freebie, —stuff savings into a Roth account. Say you and your spouse raise Yorkshire terriers. Income from that

A series of strategies for tax-wise investors. Table of Contents. Stocks zz/STRF/STAR MAX/IPx A long-standing feature of the tax code is that gains and losses are recognized only on the sale of property. There are exceptions to the rule, such as for commodity futures, but they are not common. We’re talking, of course, about what

A series of strategies for tax-wise investors. Table of Contents. Philanthropy getty Billionaires easily deduct their philanthropic contributions. Moderately prosperous people have to get creative. This year you get a $25,100 standard deduction on a joint return ($27,800 if you are both at least 65). The limit on deductions for state and local taxes is

Tax-hungry legislators may go after incomes over $400,000. But they will likely leave in place a rich collection of avoidance devices. Here are ways that investors minimize damage from the IRS. Democrats, narrowly in control of Congress, are equipped to undo parts of the 2017 Trump tax cut and, perhaps, to attack some of the

Lawsuit form an a desk with pen and calculator getty Things have not been great for the syndicated conservation easement (SCE) industry. Late in December, two accountants who focused on SCE pled guilty to conspiracy. The circumstances of their pleas indicate that they are cooperating with the prosecution. The latest is that David Deary’s firm

CPA Mark Astrinos, 37, started Los Gatos, California firm Libra Wealth not quite four years ago. Alison Yin/AP Images for American Institute of Certified Public Accountants Libra Wealth is giving stock pickers a run for their money by offering advice on tax maneuvers at a fraction of the cost. Mark Astrinos is a 37-year-old CPA

Economic Security Planning, Inc. Today’s column addresses questions about taking retirement benefits early before switching to spousal benefits at full retirement age, whether or not to notify Social Security about a change in projected income and when widow’s benefits can be started. Larry Kotlikoff is a Professor of Economics at Boston University and the founder