Tax Tips 365

Investments

  1. Ask about basis when inheriting property.Free
  2. Avoid capital gains and maximize a charitable contribution deduction by donating appreciated property.Free
  3. Avoid the wash sale ruleFree
  4. Change your 529 investments.Free
  5. Dividends on life insurance policies may not be income.Free
  6. Don’t overreport capital gains or underreport capital losses.Free
  7. FDIC protection for IRAs and Keoghs.Free
  8. Fix your salary reduction contributions.Free
  9. Keep annuities out of your IRA.Free
  10. Keep track of your tax carryovers.Free
  11. Make IRA contributions early to create significant wealth.Free
  12. Nail down a loss for a worthless security.Free
  13. Roth or regular IRA?Free
  14. Self-employed? Put your child to work for you.Free
  15. Tax-free dividends?Free
  16. Wait until after June to buy short-term certificates of deposit (CDs)Free
  17. Worthless securities have tax valueFree
  18. Year-end sales of securitiesFree