Category Archives: Tax Management

Tax Reduction Strategies to Help Your Portfolio During a Crisis

Sara Gelsheimer — June 9, 2020 stevepb / Pixabay When events such as COVID-19 occur, investors often feel at the mercy of wildly fluctuating portfolios. Investing in the market involves risk — your portfolio will go down. And according to the math of percentages, the more significant your losses, the more returns you’ll need to … Continue reading Tax Reduction Strategies to Help Your Portfolio During a Crisis

What Tax Reform Changed About Accelerated Depreciation Rules

Riley Adams — September 19, 2019 — September 19, 2019 stevepb / Pixabay Tax reform is little more than a memory and yet the effects will last for years to come. Now, taxpayers must understand the changes and plan their financial lives, whether personal or professional, accordingly. Businesses will follow suit as well. Many benefited … Continue reading What Tax Reform Changed About Accelerated Depreciation Rules

Knowing the Tax Differences Between Active and Passive Income

Marc Andre — September 5, 2019 Follow @vital_dollar — September 5, 2019 stevepb / Pixabay Earning a steady income is a necessity if you have plans to support yourself and often requires trading your time for money. However, not all income comes in the form of paycheck. Rather, some income comes from investments you’ve made … Continue reading Knowing the Tax Differences Between Active and Passive Income

How a Tax Preparation Business Could Save You From the Next Recession [Infographic]

Brian Wallace — July 23, 2019 Follow @nowsourcing — July 23, 2019 In less than two years, the United States could face another recession. How do you plan to stay up when the economy is down? Only 27,000 jobs were created in May 2019, and the unemployment rates are expected to increase over the next … Continue reading How a Tax Preparation Business Could Save You From the Next Recession [Infographic]