Children Who Own US Savings Bonds
Benefits of Tax-Free Municipal bonds
Municipal bonds should be like roses to a garden for the rich folk. However, they are not the only ones who can benefit from municipal bonds. Find out the advantages of investing in municipal bonds...more
Paying taxes on taxable bonds can be a little tricky for many people. There is a little known strategy when it comes to savings taxes related to bonds that the IRS does not actively inform people about. Find out what it is!...more
Not Paying Too Much in Taxes on Stock Trades
For someone who actively trades stocks, record keeping is essential. It could mean the difference between making money or losing a whole lot of it when it comes time to reporting their taxes. Check out what the IRS is most interested in....more
Tax Credit on Foreign Taxes on Overseas Investments
Depending on the amount of money your client spent on overseas investments, they may or may not have to include Form 1116 with their tax return. Find out more!
Foreigners interested in buying U.S. stocks in companies don?t pay any tax on the purchase, but they cannot deduct losses on that sale either. Find out more!
Being classified as a trader by the IRS's definition as opposed to an investor can save your client a lot of money come tax time. But what exactly distinguishes a trader from an investor?
