May 14, 2019 | Firm Updates, Individual Tax, Tax Tips
Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may be out in full force in your area. Freddie Mac reports that the average 30-year fixed mortgage rate was 4.14% during the week of May 2, 2019, while...
Dec 18, 2018 | Firm Updates, Individual Tax, Tax Tips
Do you have investments outside of tax-advantaged retirement plans? If so, you might still have time to shrink your 2018 tax bill by selling some investments—you just need to carefully select which investments you sell. Try balancing gains and losses If you’ve sold...
Nov 21, 2017 | Firm Updates, Retirement Planning
As the end of the year approaches, most of us have a lot of things on our to-do lists, from gift shopping and donating to our favorite charities to making New Year’s Eve plans. For taxpayers “of a certain age” with a tax-advantaged retirement account, as well as...
Sep 27, 2017 | Firm Updates, Retirement Planning, Tax Tips
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, consider looking for unrealized losses in your portfolio and selling those...
Jun 13, 2017 | Firm Updates, Individual Tax
The tax consequences of the sale of an investment, as well as your net return, can be affected by a variety of factors. You’re probably focused on factors such as how much you paid for the investment vs. how much you’re selling it for, whether you held the investment...