“I Want To Lower My Taxes” Is a Stupid Goal
"How do I lower my taxes?" is the wrong question to ask. Know enough about our tax system to make sure you're asking the questions that really matter.
"How do I lower my taxes?" is the wrong question to ask. Know enough about our tax system to make sure you're asking the questions that really matter.
Probate is an expensive, time-consuming, public process you probably wish to avoid. Here are eleven ways to do so.
Today we discuss how to claim the foreign tax credit, physician mortgages, setting up a practice retirement plan, Able accounts, and listener questions.
Yes, the rich do take advantage of their knowledge of the tax code to pay less in taxes. But six of their seven techniques are available to everyone.
The QBI Deduction may be my largest deduction this year, but it has made my financial life dramatically more complicated. Now it's screwing up my retirement saving plan.
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.
Don't let becoming an independent contractor intimidate you. Follow this list and you'll be ready to make informed decisions about taxes, insurance, retirement accounts, deductions, business structures and more.
The Sec. 199A deduction is still a little confusing but has become much more clear over the last year. Here are 11 tips to help you understand the new law and maximize the size of your deduction so you aren't leaving money on the table.
Tax-loss harvesting is when Uncle Sam shares your losses with you. You only get to do it in a taxable account, but because of it, there is no reason to ever carry a loss in a taxable account.
Do you know your tax drag? Learn what tax drag is, how to calculate it, and how to minimize it.
PIMD shows that state taxes DO matter, especially if you are going for early financial independence.
A doctor can expect to pay between 15-37% tax on long-term capital gains & qualified dividends in her taxable account. Physician on Fire thinks you should have a strategy in place to reduce or completely eliminate those taxes.
There is a Tax Industrial Complex out there, and it is lying to you. Here are the 8 most common lies.
While being overconfident is obviously a bad thing, being underconfident can be an expensive mistake too. Get a grip on yourself and realize that you know a lot more than you think.
Whitney learns that she overpaid her taxes, that she is not actually self-employed, and how to file an amended tax return
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