TITLE

Cut Your Taxes

AUTHOR(S)
Leonard, Devin
PUB. DATE
April 2009
SOURCE
Best Life;Apr2009, Vol. 6 Issue 3, p30
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers tips on reducing taxes. Before the year ends, one must consult with his/her accountant to discuss ways to minimize tax exposure. Homeowners who insulate homes and buy energy-efficient appliances such as boilers, could avail tax breaks instituted by the U.S. Congress. In order to avoid double taxation, falling stocks should be sold and losses should be deducted by mutual funds. Municipal bonds should be purchased while long-term capital gains should be selected. INSET: TAX TIPS FOR A POST-BAILOUT WORLD.
ACCESSION #
37809202

 

Related Articles

  • KEEP WHAT YOU REAP. Bigda, Carolyn // Money;May2011, Vol. 40 Issue 4, p78 

    The article presents a discussion of methods for sheltering personal investment income from taxes. It focuses on the differing tax rates for stocks and bonds, and emphasizes the usefulness of placing heavily taxed assets in tax-deferred retirement accounts. Types of investments discussed include...

  • Talking Tax. Jago, Margaret // International Money Marketing;Jun2002, p22 

    Comments on the impact of the British Inland Revenue's re-examination of taxation of offshore funds on offshore insurance bonds. Sets of tax rules applied to offshore funds; Type of fund that will attract income tax treatment on dividend distributions; Possible approaches to the taxation of...

  • How to smartly give away assets during your lifetime. Sommese, Donald E. // New Hampshire Business Review;8/13/2010, Vol. 32 Issue 17, p20 

    The article presents several rules of in lifetime giving of assets in the U.S. in 2010 including 13,000 dollars per person as the maximum yearly gift tax exclusion and one million dollars as the lifetime federal gift tax exclusion.

  • 2012 Tax Season Survival Guide. Skiles, Dan // Investment Advisor;Feb2012, Vol. 32 Issue 2, p71 

    The article offers tips for financial and investment advisors in making their way through the hectic 2012 tax season in the U.S. The author mentions that aside from preparing clients' tax returns, advisors can work on their clients' 1099 reports, particularly for accounts that include mutual...

  • Bonds have more funds. Wright, Paul // Money Marketing;7/19/2007, p50 

    The article examines the difference of unit trusts from bonds relative to their taxation in Great Britain. Unit-linked investment bonds are offered by life insurance companies and are classed by the Inland Revenue as non-qualifying life insurance policies. This classification brings with it a...

  • AITC in plea for open-ended tax equality. Phillipps, James // Money Marketing;11/17/2005, p22 

    The article reports that the Association of Investment Trusts has urged the Great Britain Department of Treasury to offer the same tax breaks on bond investments for investment trusts that it does for open-ended mutual funds to enable them to compete on equal basis. Investment trusts pay 30 per...

  • Credit risk insurance capacity falling. Aldred, Carolyn // Business Insurance;9/29/2003, Vol. 37 Issue 39, p21 

    A hard market, changes in accounting regulations, rating concerns, legal disputes and some large losses have prompted the insurance industry to sharply reduce its financial and credit enhancement underwriting. Many insurers and reinsurers viewed capital market and financial risks—...

  • LETTERS. Peng Chen; Bailey, Weldon // Financial Planning;Apr2010, Vol. 40 Issue 4, p24 

    Several letters to the editor are presented in response to articles in previous issues related to financial planning including "Is Pension a Bond?" which appeared in the January 2010 issue and "Calling All Angels" which appeared in the September 2009 issue.

  • When it comes to financial planning, take into account the certainty of uncertainty. Conte, Anthony M. // Central Penn Business Journal;8/7/2015, Vol. 31 Issue 33, p13 

    The article discusses about things to consider for an efficient and effective financial planning with an eye to taxation. Topics include the cost of management strategies, annuities, and taxable or tax-deferred status of investment accounts such as individual retirement accounts (IRAs), joint...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics