The Wash Sale Rule: What It Is and How to Avoid It
If you trade stocks, you need to know the wash sale rule. Stock trading is no longer limited to financial institutions and fund managers. Thanks to brokerage apps like Robinhood and SoFi, anyone can do it. As a newcomer to the stock market, though, you should...
Steps to Take if Someone Has Fraudulently Filed Your Return
Filing your taxes is bad enough, but finding out that someone has filed a fraudulent return on your behalf is even worse. Hopefully, you will never encounter this disconcerting situation, but if you do, it’s important that you know what to do — and what...
Maximizing Your Retirement Income While Minimizing Your Taxes: Avoid These Critical RMD Mistakes
As you transition into retirement, you will face many choices, both personal and financial. From how to fill your time to how to fill your wallet, the choices you make now will ripple through every year of your retirement. In the early days of your retirement, you can...
Think You’re Ready to File Your Taxes: Ask Yourself These Questions Before You Hit Send
Few people truly enjoy filing taxes, and most people just want to get it over as quickly as possible. Even if you are expecting a refund, you would probably rather be doing anything else. Now that your taxes are nearing completion, you are itching to press the...
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