Taxes and Your Portfolio – A Guest Post
By Asiz Lalljee, Guest Writer Taxes cannot be an afterthought in investment management. After asset allocation and fees, taxes most dramatically affect your investment returns. Every step of the inves...
By Asiz Lalljee, Guest Writer Taxes cannot be an afterthought in investment management. After asset allocation and fees, taxes most dramatically affect your investment returns. Every step of the inves...
[Update: Starting in 2018, this deduction is no longer possible since umreimbursed employee expenses are no longer deductible since the TCJA was passed.] Many physicians in training go away from their...
Some ways of expanding your Roth space come with significant costs, and some are a no-brainer. Find out which ones you should already be doing and which ones you ought to consider now and in the future.
Retire Secure, by CPA/JD James Lange, is the best financial book I have read in the last year. I recommend you buy it and read it. However, it is not the first financial book you should read. But afte...
[Editor's Note: Many high-income professional investors first learned about the Backdoor Roth IRA on this site. One of my most popular posts is the tutorial on the process. In the lengthy comments sec...
Each of the last three years I have done a post about taxes where I "revealed" the tax rate I'm paying. I'm not sure why people find that so interesting (voyeuristic maybe), but I've had a bunch of re...
By Dr. Toshi Clark, Guest Writer Betterment Robo Advisors Betterment is one of many new robo advisor services. They offer an automated tax loss harvesting service, "TLH+," as part of their standard ma...
My February column for ACEP NOW is all about The Alternative Minimum Tax. Typical physician incomes ($150K-400K) fall right smack in the middle of the range of folks hit by the AMT each year, so many...
[Editor's Note: This is a guest post from W. Devin Wolf, CFP®. a financial adviser in Washington State. I have written before about incorporating. There are both pluses and minuses to doing so. This p...
This post is a bit of a rant that developed in my mind as I prepared myself to move onto a PPACA-compliant health insurance plan this year. I also have the wonderful blessing of a dramatically increas...
[Editor's Note: This is a guest post by Glenn Frank CPA/PFS, M.S. Taxation, who is a fee-only financial advisor with Frank Advising and the director of investment strategy at Lexington Wealth Manageme...
By Dr. James M. Dahle, WCI Founder WCI Reader Question - "Are There Tax Deductions for Medical Residents?" Could you do an article on tax savings for residents specifically? I have lots of questions...
[Editor's Note: This is a guest post from a physician and regular reader named Alex, who wanted to share some of his insights regarding the deduction of vehicle expenses. At any rate, it's a good pos...
By Dr. James M. Dahle, WCI Founder The vast majority of good information out there about FLPs is written by those who are paid to create them (asset protection and estate planning attorneys) so as you...
By Dr. James M. Dahle, WCI Founder Kids are great. They're lots of fun to wrestle on the carpet. They say the darndest things. Every now and then they make you cry. I've been practicing my lines for...