How to Hire Your Kids for Taxes the Right Way
If you’re a business owner interested in hiring your child for tax purposes, there are specific rules and exemptions you need to know about.
If you’re a business owner interested in hiring your child for tax purposes, there are specific rules and exemptions you need to know about.
Most doctors think they pay too much in taxes. And the way to significantly lower your taxes is to live your financial life differently.
Here’s a closer look at the implications of donating cryptocurrency and if it makes sense for you and your chosen charity.
Let's actually list out the tax advantages of real estate investing and show how to fully maximize your success in this asset class.
One way to avoid paying federal and state taxes? Move to Puerto Rico and, thanks to Act 60, earn income while living in the Caribbean.
The largest expense of most white coat investors is their income tax bill. Here are a number of ideas for how to reform how taxes are paid.
Let's explore how you can shift income from one type (that is heavily taxed) to another type (that is less heavily taxed) so you pay less.
In the quest to lower taxes, I often hear a lot of stupid ideas to lower your tax bill. Today, I'm going to go over the 15 worst ones.
White coat investors can learn plenty from the released income tax returns of US presidents. Let's go over a few and see what they show.
Answering questions about tax-loss harvesting, how to determine which funds you can swap, some complications of the wash sale rule, and whether adding complexity to your portfolio is a good thing.
Here are 10 practical tips for how to tax-loss harvest if you have significant amounts of money in your taxable account.
Answering reader questions about wash-sale rules, how tax-loss harvesting affects capital gains, and whether you should take out a physician loan when buying a house.
The SALT Cap has been a real bummer for those who pay high state income taxes. But a loophole has been found and passed by several states.
Tax-loss harvesting is one way to get rid of losing investments and to get paid back on Tax Day. But is it really the right move to make?
Many doctors pay way too much in taxes. Here are some tips to lower your IRS bill with a variety of potential deductions.