Key Provisions of H.R. 8: American Taxpayer Relief Act of 2012
(“Fiscal Cliff Agreement”)
The 112th Congress was recently dubbed the “Do Nothing Congress” for the minimal amount of legislation enacted during the two-year sessi... view full article >>
Hurricane Sandy relief: The IRS cautions people wishing to make disaster-related charitable donations to be aware of possible scams relating to Hurricane Sandy. Be sure to deal with recognized charities, and be wary of charities with similar sounding name... view full article >>
Convert that IRA into a Roth IRA – if you want to reduce your taxes on income in retirement, or if you don’t plan on using that IRA for many years, consider converting all or part of an IRA into a Roth IRA. You will have to include the conver... view full article >>
Consider taking gains / losses – capital gains rate and income tax rates are due to increase, unless congress acts to extend them. It’s always smart to take gains at some point; and with the possibilities of higher capital gains taxes, and a ... view full article >>
Review portfolio-time and consider rebalancing? Review asset allocation mix. Re-evaluate your risk tolerance and goals. And then consider selling securities that have increased the most, and buying into those that are down--as long as the holdings still ... view full article >>
