by Asset Strategy | May 10, 2023 | Forbes, Taxes & Tax Planning
Tax legislation might be hard to pass this year in a closely divided Congress, but that doesn’t mean that tax proposals will be in scarce supply. Recent hearings in the Senate Budget Committee and the House Ways and Means Committee offered the usual congressional...
by Asset Strategy | May 8, 2023 | Taxes & Tax Planning
When it comes to retirement planning, it’s important to consider tax-minimization strategies. Taxes can significantly impact the amount of money you have available to fund your retirement, so it’s essential to have a plan in place to help minimize them....
by Asset Strategy | Apr 3, 2023 | Taxes & Tax Planning
The pandemic brought with it a boom in entrepreneurship. Since 2020, applications to start new businesses have skyrocketed, reversing a decades-long slump, according to Forbes.[1] It’s well known that the process accompanied by opening a business typically...
by Asset Strategy | Mar 8, 2023 | Taxes & Tax Planning, Wall Street Journal
Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income and other benefits. What is capital gain or loss? When an investor...
by Asset Strategy | Jan 18, 2023 | Forbes, Taxes & Tax Planning
Although the stock market had a rough year in 2022, many long-term investors still have substantial capital gains on their taxable investments. Many projections for 2023 point to some positive stock market returns. If nothing else, expect more volatility...
by Asset Strategy | Jan 11, 2023 | Taxes & Tax Planning, Wall Street Journal
How tax-efficient is your mutual fund? That is a question many investors wonder about, and they often assume that the easiest way to answer it is to look at the fund’s turnover. Investors often figure that high turnover means less tax efficiency, because more...
