Decoding Tax-Loss Harvesting
You know the adage: “When life gives you lemons, make lemonade.” During the market downturn, we’ve been watching for opportunities to apply this wisdom to client portfolios using a practice called tax-loss harvesting. But how can taking a loss be a good thing? As a rule, it’s not a good idea to sell investments in…
Read More
Tax History Trivia Time
Time to celebrate! With Tax Day officially being over, we thought we’d take a fun diversion from our normally scheduled written blog post and test your tax history knowledge. Click on the below link to see how well you know your tax history stats. Don’t worry, your answers are completely anonymous. Have fun! https://www.surveymonkey.com/r/taxhistorytrivia
Read More
Never Take on the IRS Alone
Sleuthing your way through a tax audit by yourself is not the same as fixing a leaky faucet or changing your oil. There are reasons you should seek professional help as soon as you receive a letter from the IRS. IRS auditors do this for a living — you don’t. Seasoned IRS agents have seen…
Read More
Why is There a Tax Form in My Mailbox?
It’s June. Your tax return was filed several months ago. You thought you were done dealing with taxes until next year. Then IRS Form 5498 shows up in your mailbox. Now what?
Read More
Time to Test Your Tax Trivia!
Take a break from the tax preparation and participate in our tax trivia quiz!
Read More
