Category Archives: Taxes
Better To File Taxes Early
Tax time coming soon Jumping on filing income taxes early is one of the easiest ways to find money now. Many consumers wait until April to start gathering their paperwork together. They bring them to a tax preparer and want the return done fast. The problem is that waiting opens you up to mistakes and … Continue reading
The traditional retirement saving account in contrast to a Roth 401k investment savings account
It isn’t always a clear choice deciding if it makes sense to invest to an ordinary type of IRA or tax-advantaged employer plan retirement savings account compared to depositing money in a Roth tax-advantaged qualified employer plan or IRA retirement account. The challenging decision over the alternatives is among the most intricate choices of do-it-yourself … Continue reading
1031 Tax Exchange – Frequently Asked Questions
After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transaction… Equity and Gain Is my tax based on my equity or my taxable gain? Tax is calculated upon the taxable gain. Gain and equity are two separate … Continue reading