| Fourteen Tax Management Techniques (2009-11-23) |
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marotta
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| Fourteen Tax Management Techniques (2009-11-23) |
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Fourteen Tax Management Techniques (2009-11-23)
by David John Marotta
No one approaches financial planning with the goal of paying more taxes. Tax management, like all financial planning, is based on the premise that small changes made over time can achieve big goals.
Read the complete column at http://www.emarotta.com/article.php?ID=364
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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Mon Nov 23, 2009 4:59 pm |
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Net1on1
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These are some really good tips you've listed. Put them in my tax act folder.
Thanks.
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Mon Dec 07, 2009 6:27 am |
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Scrutnizer
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Putting investments in the correct investment accounts can also generate significant savings. Fixed-income investments belong in traditional IRA accounts. Interest is taxed at ordinary income tax rates, but the entire value of an IRA account is taxed at ordinary income tax rates anyway upon withdrawal. Appreciating assets should be in taxable investment accounts where the growth will be at a 15% capital gains rate, which is likely much lower than your ordinary income tax rate. Additionally, any foreign tax paid on foreign stock investments is tax-deductible in a taxable account.
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Mon Jan 04, 2010 10:01 am |
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