Articles

 Can I ever save tax by filing a separate return instead of jointly with my spouse?

You sometimes may benefit from filing separately instead of jointly. Consider filing separately...

 How can I make tax-deferred investments?

Through the use of tax-deferred retirement accounts you can invest some of the money you would...

 I have a large capital gain this year. What should I do?

If you also have an investment on which you have an accumulated loss, it may be advantageous to...

 What can I do to defer income?

If you are due a bonus at year-end, you may be able to defer receipt of these funds until...

 What other tax-favored investments should I consider?

For growth stocks you hold for the long term, you pay no tax on the appreciation until you sell...

 What special deductions can I get if I'm self employed?

You may be able to take an immediate expense deduction of up to $500,000 for 2016 (same as 2015),...

 What tax-deferred investments are possible if I'm self-employed?

Consider setting up and contributing as much as possible to a retirement plan. These are allowed...

 What's the best way to borrow to make consumer purchases?

For homeowners, it's the home equity loan. Other consumer-related interest expenses, such as from...

 What's the best way to give to charity?

If you're planning to make a charitable gift, it generally makes more sense to give appreciated...

 Why should I defer income to a later year?

Most individuals are in a higher tax bracket in their working years than during retirement....

 Why should I participate in my employer's cafeteria plan or FSA?

In 2016, medical and dental expenses are deductible to the extent they exceed 10 percent of your...