Tax News / Blog

IRA charitable donations are an alternative to taxable required distributions

IRA charitable donations are an alternative to taxable required distributions Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by giving these amounts...

Reverse Mortagages – Look Before You Leap

Selling securities by year end? Avoid the wash sale rule

Selling securities by year end? Avoid the wash sale rule If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. How the rule works Under this rule, if you...