“QCD with IRA Checking Account—Easy, but Beware” To get my complete articlewith all the details… If you're over 70½ and taking required minimum distributions (RMDs) from your traditional IRA, you’ve probably heard of the qualified charitable distribution (QCD) strategy—a smart way to donate to charity while reducing your taxable income. What you may not know is … [Read more...]
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Kill the Tax Bite from Your RMDs with This Smart Move
“Beat the Taxman:Use the Tax Code–Created QCD to Kill Your RMD” To get my complete articlewith all the details… If you're age 73 or older (or getting close), you already know: those required minimum distributions (RMDs) from your IRA can do a number on your taxes. But what if we told you there’s a way to satisfy your RMD, support a cause you care about, and … [Read more...]
The IRS Dirty Dozen List: More Than Just a Gimmick
“The IRS Dirty Dozen List:More Than Just a Gimmick” To get my complete, FREE articlewith all the details… For over 20 years, the IRS has released a series of notices identifying tax scams and avoidance schemes. The IRS calls these scams andschemes the “Dirty Dozen.” I know. The IRS’s annual Dirty Dozen list may sound like a gimmick, but taxpayers should take it … [Read more...]
2023 Last-Minute Year-End Tax Strategies for Your Stock Portfolio
“2023 Last-Minute Year-EndTax Strategies forYour Stock Portfolio” To get my complete, FREE articlewith all the details… You may have some stocks that are down time but that doesn’t mean you can’t take steps to lessen the damage...if you act by December 31. Check out these seven strategies that are spelled out in in my article. Strategy #1: … [Read more...]
2023 Last-Minute Section 199A Tax Reduction Strategies
“2023 Last-Minute Section 199ATax Reduction Strategies” To get my complete, FREE articlewith all the details… The clock is ticking. And if it keeps ticking after December 31 of this year, and you missed paying attention to your Section 199A tax planning, you could be losing a lot of money. Specifically, you could end up with a zero-deduction amount. That’s … [Read more...]