Home › Posts tagged Income Tax ( › Page 6)
Blog Archives

How to Calculate Your Cost Basis and Save Money…Guaranteed

Posted in Tax News on August 11, 2013

When you sell a capital asset you need to know when you purchased it and what the cost basis is.  These will be used to determine what your capital gain (or loss) is.  Capital assets are items such as stocks,…

Read more

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

How to Use a Roth IRA to Purchase Your First House

Posted in Tax News on August 4, 2013

  It can be difficult for younger people to save up to purchase their first house.  Paying rent, making a car payment and perhaps paying off a student loan can drain your cash flow. While a Roth IRA is designed…

Read more

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

3 Easy Steps to Rent Your Real Estate to Your Business

Posted in Tax News on July 29, 2013

    Many business owners will eventually buy a building and then rent it to their business. This can be an appropriate strategy for many.  If you are planning on being in business for an extended period of time why…

Read more

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

3 Proven Reasons Young Investors Should Fund a Roth IRA and Roth 401(k) to Save

Posted in Tax News on July 14, 2013

Time As the Rolling Stones said, “Time is on my side.” And so it is with younger investors, time is clearly on their side.  The benefit to a Roth IRA or Roth 401(k) plan is that if all of the…

Read more

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

3 Easy Steps For Mid-Year Tax Planning

Posted in Tax News on June 30, 2013

Half the year is in the books.  Many people are playing golf, going to the beach or having a barbeque. It is also the time however to have your Mid-Year Tax Planning. Here are 3 Easy Steps to make this…

Read more

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