Top 10 Tips for Year-End Tax Planning
Does it feel like you just finished last year’s taxes? Well, believe it or not it’s almost time to do it again. Every year the tax laws and policies change, so each year you will have to be aware of these changes and additions. However, there are some things that never seem to change. With that in mind let’s review some of the top tax tips for year-end tax planning.
IRS Looking Closely at Coinbase Accounts for Tax Dodgers
IRS Looking Closely at Coinbase Accounts for Tax Dodgers Cryptocurrency owners with Coinbase accounts beware. If you hadn’t already heard by now, then consider this your fair warning. The IRS is coming after Coinbase accounts in search of possible tax cheats. Coinbase is the largest U.S. platform for exchanging cryptocurrency, including Bitcoin, with close to…
Make Tax Time Retirement Saving Time
Make Tax Time Retirement Saving Time Tax time is a great time to do a little retirement planning. Even if you already have a retirement plan set up, you can give that plan a boost at tax time. The problem is, many taxpayers aren’t aware of the savvy tax moves that will help with both…
Ready to Start Investing? Here’s How
Ready to Start Investing? Here’s Howv Are you still sitting on the sidelines when it cones to investing? Of course, not everyone is in a position to start investing. But if you are, and you haven’t started, then what are you waiting for? Investing is one of the smartest things you can do in terms…
The 1031 Exchange: A Powerful Tool for Deferring Taxes
The 1031 Exchange: A Powerful Tool for Deferring Taxes Sec. 1031 exchange activity has picked up considerably in recent years, as real estate sellers facing significant capital gains look for opportunities to soften the tax blow. By exchanging real property for other real property of “like kind,” owners can defer capital gains taxes until the…