Tax Tip: Avoiding Wash Sales

After both of the severe stock market crashes that we’ve seen this century, we’ve learned some valuable lessons about how to avoid future devastation. By making smarter choices in how we invest now, and anticipating downturns that will occur in the future, we can...

Income Tax Installment Agreements

After filing your taxes, if you’re unable to pay your tax debt immediately because it’s beyond your means, the Internal Revenue Service (IRS) gives you the ability to enroll in an installment agreement. This allows you to repay your tax debt in monthly payments to...

Tax Tip: Harvesting Capital Losses

Investors in the 2014 market are far more optimistic than five years ago, when the stock market crashed in 2009. At that time, people throughout the entire world were suffering from the loss of the falling asset values. Currently, the economy appears to be on a steady...