“Is Crowdfunding Taxable?” To get my complete articlewith all the details... Want to give away your money? Crowdfunding makes it easy. Web sites like GoFundMe, Kickstarter, and hundreds of others let members of the public and businesses support all kinds of causes by giving away small or large amounts of money. Check out this surprising fact. The amount of … [Read more...]
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2022 Last-Minute Year-End Tax Strategies for Your Stock Portfolio
“2022 Last-Minute Year-EndTax Strategies forYour Stock Portfolio” To get my complete articlewith all the details… Sure, the market is down big time but that doesn’t mean you can’t take steps to lessen the damage... if you act by December 31. I’m talking about two strategies that can let you: Avoid the high taxes on short-term capital gains on ordinary … [Read more...]
It’s Not Too Late To Invest in Qualified Opportunity Zones
“It’s Not Too Late To Invest in Qualified Opportunity Zones” To get my complete articlewith all the details... For starters, I’ll provide a short definition... The qualified opportunity zone program was created by the Tax Cuts and Jobs Act back in 2018. Its purpose? To spur investment in low-income communities (but there's more to it than this). What’s the … [Read more...]
How to Earn 9.62% Tax Deferred (Part 2)
“How to Earn 9.62%Tax Deferred (Part 2)” To get my complete articlewith all the details... Do I need to tell you that inflation is raging? Uh, I don’t think so. What I do need to tell you (in this follow-up to last month’s issue) is that you should consider buying a tax-deferred Treasury I Bond now! And here’s why... An I Bond pays 9.62% interestthat’s tax … [Read more...]
Spousal IRAs: an information alert
_________________________________ Quick Definition:“Spousal IRA” A spousal IRA is an IRA set up to receivecontributions by a non-working spouse. _________________________________ “Spousal IRAs: an information alert” To get my complete articlewith all the details... Here’s important information you should know if you want to increase your retirement savings … [Read more...]