A short, technical blog post this week: I want to talk very precisely about the actual tax deferral benefits you get when you use something like an … [Read more...] about Honest Talk about Actual Tax Deferral Benefits
personal finance
Donald Trump’s Net Operating Loss Deduction
Normally, this blog won’t touch a topic like Donald Trump’s net operating loss deduction. This editorial tactic isn’t because we support Mr. Trump or … [Read more...] about Donald Trump’s Net Operating Loss Deduction
S Corporation Tax Savings Calculator
Okay, an interesting idea. If you know what your small unincorporated business will generate in profits this year? And then you have a … [Read more...] about S Corporation Tax Savings Calculator
Thomas Jefferson’s De Facto Bankruptcy
You probably know that Thomas Jefferson wrote the Declaration of Independence. You may remember that he negotiated the best real estate deal in the … [Read more...] about Thomas Jefferson’s De Facto Bankruptcy
George Washington’s Business Secrets
We probably all expect to get the truly great business insights from some Harvard or Stanford business school professor who has just completed … [Read more...] about George Washington’s Business Secrets
Paying Payroll Taxes to Bump Pension Contributions
Jim Dahle, the physician who edits the White Coat Investor blog, hypothesized a week or so ago that it might make sense to add your spouse to a small … [Read more...] about Paying Payroll Taxes to Bump Pension Contributions
Understanding the Wash Sale Rules
Regularly during tax season, we see clients with a pretty large volume of trading activity across a number of brokerage accounts. And unfortunately … [Read more...] about Understanding the Wash Sale Rules
Excluding Foreign Income from U.S. Taxes
We get a lot of questions from people who earn money outside the United States and wonder how, and if, U.S. income taxes can be avoided. For this … [Read more...] about Excluding Foreign Income from U.S. Taxes
U.S. Tax Rules for Nonresident Aliens
If you’re new to the U.S. system of taxation, you’ll find the situation pretty confusing. The U.S. system of taxation (and we say this as tax … [Read more...] about U.S. Tax Rules for Nonresident Aliens
Why You Don’t Need to Worry about Taxes in Retirement
As a tax accountant, I am programmed to think about taxes. To worry about people paying too much in taxes. To obsess over tactics that allow clients … [Read more...] about Why You Don’t Need to Worry about Taxes in Retirement