Articles
India Gets Help From the IRS to Track Down So-Called “Black Money”
India Gets Help From the IRS to Track Down So-Called “Black Money” We’re all aware of the U.S. government’s efforts to bring home tax dollars from those who either hold or earn money in foreign countries. Whether a company or an individual taxpayer is open about their money or purposely trying to hide it, the…
Read MoreStrategic Asset Management With a Revocable Living Trust
Strategic Asset Management With a Revocable Living Trust Developing a sound investment management strategy is more than allocating assets and diversifying among the various asset classes. It is also about attaining your financial goals in life. The long-term security of your family is likely to be a key goal. To reach it, you want to…
Read MoreA Safer Way to Invest in Stocks
A Safer Way to Invest in Stocks Investing in stocks can be really risky—particularly when somebody invests a lot of money at once and expects quick results. But it’s also true that investing in stocks can be surprisingly safe for certain investors. The men and women who are putting regular amounts into stock funds through…
Read MoreIRS Makes It Difficult to Use “Separate Share” Trusts
IRS Makes It Difficult to Use “Separate Share” Trusts By Mary Kay Foss California CPA, August 2003 The IRS has issued a series of private letter rulings (LTRs 200317041, 200317043, 200317044) this year that make it difficult to use “separate share” trusts. A separate share trust is a trust named as an IRA beneficiary that…
Read MoreDeductions Available to Collectors at Charity Auctions
Deductions Available to Collectors at Charity Auctions Posted: 7/25/11 Collectors who want to make donations may consider donating artwork and collectibles to charity auctions. If this is something you are thinking about and would like to take full tax benefits, the following tips may help. Making Donations to Charitable Organization Auctions: 1. Make sure you…
Read MoreMake Money Consistently Through Through a Small Investment
Make Money Consistently Through Through a Small Investment People often think that in order to become an investor you need a lot of capital to make it worth your while and believe me, nothing can be farther from the truth. Certainly, if you are planning to make a living exclusively out of your investment, you…
Read MoreInvesting with Style
Investing with Style How do you define your approach to investing? There may be many answers to that question. One answer goes to the style of investing that you choose: value or growth. Are you looking for value? The goal of a value investor is to seek out “bargains,” finding those companies whose stock may…
Read MoreIntroducing the “Total Return” Trust
Introducing the “Total Return” Trust The fundamental purpose of most trusts is to create a plan of financial protection for more than one beneficiary, often beneficiaries in different generations. “All the trust income to my surviving spouse, with the balance to be divided among our children at her death” might be used in a marital…
Read MoreMaking Tax-wise Investments
Making Tax-wise Investments Tax considerations are not, and should never be, the be-all and end-all of investment decisions. The choice of assets in which to invest, and the way in which you apportion your portfolio among them, almost certainly will prove to be far more important to your ultimate results than the tax rate that…
Read MoreReducing Risk With a Diversified Portfolio
Reducing Risk With a Diversified Portfolio Have you been worried about the stock market’s recent volatility? You’re not alone. The stock market in March was a roller-coaster ride that served as a reminder to investors that the market’s ups and downs can be a little dizzying. But a volatile market should not leave you feeling…
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