For taxpayers who actively invest in the stock market, the IRS wash sale rule can be both a trap and…
Saving for retirement is not only essential for your future financial security, but it can also help you reduce your…
The Saver’s Credit, also known as the Retirement Savings Contributions Credit, is a valuable but often overlooked tax credit designed…
Tax-loss harvesting is a powerful year-end strategy that investors can use to minimize their tax liability by offsetting capital gains…
Investing comes with its ups and downs, and while no one enjoys seeing red in their portfolio, capital losses can…
Health care costs can put a significant dent in your budget—but did you know that you can use special tax-advantaged…
Many couples assume that if one spouse doesn’t earn income, they’re ineligible to contribute to an IRA. Fortunately, that’s not…
If you're self-employed or a small business owner looking for a powerful way to reduce your taxable income while saving…
After filing your federal tax return using Form 1040, the next big question is: "Where's my refund?" Fortunately, the IRS…
When paying for college, many families tap into investments to cover educational expenses. However, selling stocks, mutual funds, or other…
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