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In an uncertain market, these can offer tax savings and flexibility that avoids risk.
October 30 -
Some investments work best in a taxable account, while others fit well into an IRA or a 401(k).
October 29 -
How multi-generational tax savings are achieved when parents help children start Roth IRAs.
October 28 -
SPDR Gold Trust investors should welcome news that wash sale rules don’t apply to gold.
October 27 -
Help them keep more of what they earn after they stop working.
October 26 -
Many HNW clients are using these state-run plans to shelter assets from the inheritance tax.
October 25 -
Consider these strategies to help build savings.
October 23 -
This tool can help clients save on taxes, adding to their bottom line.
October 23 -
Separating the roles of the two professionals can be counterproductive for clients.
October 22 -
IRS: There is a special rule for those who rent their residence for 14 days or less.
October 21 -
For some clients in high-income tax states, incomplete non-grantor trusts may be just the ticket.
October 20 -
They can help reduce the tax drag of required minimum distributions.
October 19 -
If avoiding taxes just attracts the IRS, it defeats the purpose.
October 18 -
Selling assets that are over allocation may generate unwelcome tax.
October 16 -
Clients with net worth skewed to one stock may need tax-efficient ways to diversify.
October 16 -
Treat their tax liabilities as expenses, and plan accordingly.
October 15 -
Intelligent planning can help both parties save money.
October 14 -
Savvy moves in the fourth quarter can help clients owe less to the IRS next April.
October 13 -
After a death, identify and record the allowable partial steps-ups in cost basis of assets.
October 12 -
Often under-used, HSAs can be a powerful tool for clients.
October 9 -
Munis are a great option for high-income taxpayers, but be mindful of the AMT.
October 9 -
Where and how to get up-to-date and concise information.
October 8 -
These are now less common as an estate must have more than $10.8 million to be taxed.
October 8 -
For starters, these may be subject to the 3.8% net investment income tax.
October 7 -
Here is a handy checklist for clients preparing to change their living situations.
October 6 -
Clients must digest that they will likely pay more for taxes in their lifetimes than anything else.
October 5 -
Clients can consider gifting up to $14,000 to as many individuals each year before gift taxes kick in.
October 4 -
Clients should consider spreading out transfers over their lifetime to lower tax liabilities.
October 2 -
But watch out for the pitfalls of this common end-of-year-practice.
October 2 -
Help clients deploy their RMD funds to cover both expenses and taxes.
October 1