Articles

Fine Tuning Capital Gains and Losses

Year-end has historically been a good time to plan tax savings by carefully structuring capital gains and losses.  Conventional wisdom has always been to minimize gains by selling “losers” to offset gains from “winners,” an... Read More

Bunching Your Deductions Can Provide Big Tax Benefits

If your tax deductions normally fall short of itemizing your deductions or even if you are able to itemize, but only marginally, you may benefit from using the ‘bunching” strategy.The tax code allows taxpayers to utilize the standard deduct... Read More

Owner-Only Businesses Should Consider a Solo 401(k) Plan

It goes by many names - Solo 401(k), Mini 401(k) and single-participant 401(k).  We will use Solo 401(k) in this article to describe probably the best type of pension plan for owner-only businesses.  It provides for larger contributions, incl... Read More

2011 Year-End Strategies

With the economy still in the doldrums, this year has not been the greatest year for most individuals.  Unemployment is still high, incomes are lower, retirement savings have declined and many taxpayers are struggling to make ends meet.  The ... Read More