by mariettacp | Dec 31, 2010 | Money Tips, Tax Planning, Tax Tips
To maximize your pre-tax deductions, review your FSA contributions to make sure they match up with your spending. Increase the amount you set aside for next year in your employer’s health flexible spending account (FSA) if you set aside too little for this year....
by mariettacp | Dec 17, 2010 | Money Tips, Tax Planning, Tax Tips
Taking steps today to reduce your tax burden tomorrow is a smart way to manage your tax liability. Review your investment portfolio for opportunities to realize losses on stock while substantially preserving your investment position. There are several ways this can...
by mariettacp | Dec 6, 2010 | Money Tips, Tax Planning, Tax Tips
Convert your traditional IRA into a Roth IRA if doing so is expected to produce better long-term tax results for you and your beneficiaries. Distributions from a Roth IRA can be tax-free but the conversion will increase your adjusted gross income for 2010. However,...
