by mariettacp | Sep 24, 2015 | Money Tips
Is your file cabinet overflowing? Do you hesitate to purge tax information because you’re not sure what to keep and what to discard? Here’s a quick guide to help you cut through the clutter. Substantiation for deductions includes charitable donation...
by mariettacp | Sep 17, 2015 | Money Tips
The income tax effects of mutual funds can be complex, and poorly timed purchases or sales can create unpleasant year-end surprises. Mutual fund investors (excluding qualifying retirement plans) are taxed based on activities within each fund. If a fund investment...
by mariettacp | Sep 10, 2015 | Money Tips
How close to the edge are you when it comes to tax phase-outs? As you begin your fall tax planning, consider the effects of these benefit-limiting provisions. Knowing how close you are to the “edge” can help preserve tax breaks for 2015. Many phase-outs...
by mariettacp | Aug 5, 2015 | Money Tips
Summer is here and so are tax-saving opportunities. Here are seven suggestions for cutting your tax bill. Rent out your vacation home. If you own a second home, rent it out this summer when you’re not using it. Generally, you can offset the rental income with...
by mariettacp | Aug 3, 2015 | Money Tips
There’s never a good time to plan for a disaster. There’s never a better time either. So why wait? Instead of having to reconstruct personal and business records in the aftermath of an unexpected calamity, safeguarding documents before you suffer a loss...
