Investors: Beware of the Wash Sale Rule
A tried-and-true tax-saving strategy for investors is to sell assets at a loss to offset gains that have been realized during the year. So if you’ve cashed in some big gains this year, [...]
Pay Attention to the Details when Selling Investments
A variety of factors affect the tax consequences from selling investments, as well as your net return. You’re probably focused on a number of factors. How much you paid for the investment vs. how [...]
Coverdell ESAs: The Tax-Advantaged Way to Fund Elementary and Secondary School Costs
During summer break, you might be thinking about vacation plans for your children (or grandchildren). But summer is also a good time to think about Coverdell Education Savings Accounts (ESAs), [...]