Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Clients can put their tax refund to work for their retirement by depositing all or part of it into an IRA, according to U.S. News and World Report. Making this investment may make them eligible for a deduction on their current or a future tax return. -- U.S. News & World Report
A client discovers an alternative to closing his father's IRA after the parent dies in this article from MarketWatch. This approach keeps the deceased father's money growing, tax-free, possibly for decades. Plus other strategies that may save parents' money in their later years and limit how much the government collects after their death. -- MarketWatch
Taxes are one of life’s sure things, but clients can still make changes after the filing deadline. Here’s how.
A home owner can save money in a number of surprising ways using these tax breaks, according to the Motley Fool. This story has a checklist with six deductions that can turn a home's expenses into savings. -- Motley Fool
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How a couple wrote off cat food and other breaks that boosted refunds. Plus, how charity counts toward an IRA withdrawal.
February 14 -
There are ways around having to pay as much as a 50% penalty. Plus, inheriting Roth IRAs and designing more efficient retirement portfolios.
January 31 -
Moving investments into these accounts may optimize returns and boost savings. Plus, know your IRAs and the impact of Trump's proposals on income brackets.
January 25 -
Why it's a good time to invest even small amounts into 401(k) and Roth IRA accounts. Plus, avoiding the capital gains hit.
January 17