Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
As the holiday giving season gets underway, advisers can help clients better understand the practical benefits of making charitable donations before the end of the calendar year, according to the Orlando Sentinel. Clients can use the checklist in this story to ensure they are making donations properly. For example, are their donations going to IRS-registered organizations? -- The Orlando Sentinel
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Clients won't owe taxes on inherited stocks, bonds, mutual funds or cash when the inheritance is below $5.45 million, according to Money. However, clients will have to pay taxes when they move to sell the appreciated assets. One way to take the sting out of this expense is to sell the assets over time, spreading the one-time capital gains tax hit. -- Money
Taxes are one of life’s sure things, but clients can still make changes after the filing deadline. Here’s how.
Taxpayers usually file a W-4 form only when they start a new job. However, clients may want to revisit this form as part of their tax management strategy, according to the Motley Fool. Also known as the Employee's Withholding Allowance Certificate, the form determines how much an employer deducts from a worker's monthly salary for taxes. By simply returning to the form and adjusting withholdings can leave a client with a return, rather than facing a tax bill. -- Motley Fool
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Here's how to sell a second home with a smaller bill from the IRS. Plus, ETF picks for retirement portfolios, and an investment strategy that takes the edge off your clients' taxes.
April 28 -
Make one-time contributions to 529 plans without the IRS getting its cut. Plus, how effective planning enhances portfolio returns without the risk.
June 23 -
Clients making IRA conversions should create several accounts to save on taxes. Plus, five carryovers for next year's filing and property exchange strategies.
May 5
