Blog Archives

7 Smart Year End Tax Planning Moves

  1) Harvest Capital Losses Capital gains property includes stocks, bonds and mutual funds.  Currently, the stated rate on long term capital gains is 15%.  If you have a net loss after netting all of your gains and losses, the


Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Can You Claim Your Elderly Parents as Dependents on Your Tax Return?

This could be a very difficult situation for many of us and quite a role reversal. However, as our parents age we may have to consider the option of having them live in our home. If you are taking care


Tagged with: , , , , , , , , , , , , , , ,