Tax-loss harvesting is a strategic technique that savvy investors use to minimize their tax liabilities while optimizing their investment portfolios. By deliberately selling investments...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/31/2023
Trusts are powerful financial tools that enable individuals to manage and distribute their assets according to their wishes while potentially minimizing estate taxes and probate processes....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/13/2023
Taxation is a complex system that impacts various aspects of our lives. One area that often draws attention is the issue of marriage tax penalties. Many individuals believe that tying...
Posted by KLSM CPA Firm PLLC on 07/07/2023
Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
The Alternative Minimum Tax (AMT) is a federal tax system designed to ensure that high-income individuals pay their fair share of taxes. The AMT was introduced in 1969 to target high-income...
Posted by Taxes Made EZ Inc on 05/16/2023
Investing in securities is a common way for individuals to grow their wealth. However, not all securities are created equal, and some investments may be classified as prohibited securities....
Posted by Rosovich & Associates, Inc. on 05/16/2023
Investors receive the return on investment in the form of dividends, interest, or capital gains. Investment income is an important source of revenue for individuals, businesses, and...
Posted by Pat Raskob on 04/30/2023
A zero-coupon bond is a type of bond that does not pay periodic interest (coupons) to the investor, unlike traditional bonds. Instead, the bond is sold at a discount from its face...
Posted by Taxes Made EZ Inc on 02/07/2023
The BEAT (Base Erosion and Anti-Abuse Tax) was enacted in 2017 to discourage U.S. and foreign companies from evading their tax obligations by shifting their profits out of the United...
Posted by Pat Raskob on 12/31/2022
