Roth IRA 5-Year Rule
What makes Roth IRAs so appealing, primarily, is the ability to withdraw money from them tax-free. But to enjoy this benefit, there are a few rules taxpayers must follow, including...
22 November, 2022
Tax Planning Tag
Fuel Tax Credit
Pump up tax savings with the fuel credit Companies that wish to reduce their tax bills or increase their refunds shouldn’t overlook the fuel tax credit. It’s available for federal tax...
22 November, 2022
Tax Planning: Charitable Giving
View Charitable Giving Tax Planning Guide How to do well by doing good Giving to charity can provide not only large income tax deductions to help you do well financially but also...
21 November, 2022
Tax Planning: Roth Options
View Retirement Tax Planning Guide Roth Options A potential downside of tax-deferred saving is that you’ll have to pay taxes when you make withdrawals at retirement. Roth plans, however, allow tax-free distributions;...
21 November, 2022
Tax Planning: Real Estate Activity Rules
View Real Estate Tax Planning Guide Real Estate Activity Rules Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate professional. Why...
21 November, 2022
Tax Planning: Small Business Stock
View Investment Tax Planning Guide Small Business Stock By purchasing stock in certain small businesses, you can diversify your portfolio. You also may enjoy preferential tax treatment: Conversion of capital loss to ordinary...
21 November, 2022
Tax Planning: Family & Education
View Family & Education Tax Planning Guide Make tax savings a family tradition Certain tax breaks for parents and others with dependents were temporarily expanded for 2021, and there are also many...
21 November, 2022
Tax Planning: Bonus Depreciation
View Business & Exec Comp Tax Planning Guide Depreciation For assets with a useful life of more than one year, you generally must depreciate the cost over a period of years. In...
14 November, 2022