May 06 2008
mutual funds tax consequences
We spend a great deal of time trying to spot stocks heading in the right trend, or direction. Careful attention needs to be given to the support and resistance lines. These lines are also called trend lines. Here are seven reasons why the trend can be your friend in investing:
1. These lines […]
May 06 2008
mutual funds tax benefits
There’s no arguing that taxes on social security are incredibly high. As a matter of fact, according to current tax law, up to 85 percent of a person’s Social Security income is taxable when their total threshold income exceeds a set limit. What is threshold income?
Threshold income is the government’s formula for […]
May 06 2008
mutual funds tax
Most retirees or those about to enter retirement have at least one (if not all) of the following concerns:
1. Protecting their savings
2. Creating and protecting their retirement income stream, and
3. Protecting their heirs.
Roll these concerns all up together and we see that the underlying issue is risk management. Invested properly, annuities can be […]
May 06 2008
mutual funds income tax
Mutual funds overall return poor results. A good one may return 10 – 12 compounded but with inflation, that’s not much and on the risk side 30% losses or more can occur and they can last for years!
Fact is most don’t even out perform the index, there are better alternatives with lower […]
May 06 2008
mutual funds for tax savings
“Nothing in life is certain except death and taxes.”
–Benjamin Franklin
How true this three hundred year old saying is! However retired individuals can enjoy Tax relief by use of an efficient investment strategy. In this way, the retired individual can keep more of their hard earned money and assets for themselves and […]
May 06 2008
mutual funds for tax saving
Retirement plans are arrangements that bestow income or pension to individuals during retirement, either due to old age or when the physical condition of a person inhibits the person to work (as a result of poor health or accident). An Individual Retirement Account (or commonly referred as IRA”) is a retirement […]
May 06 2008
mutual funds dividend tax
Most people in the US realize that it is wise to file a tax return, for the simple reason that many are entitled to Tax relief in the form of a refund. It doesn’t matter if it is just a couple of hundred dollars or thousands, it is Tax relief, it means […]
May 06 2008
mutual funds capital gain tax
Sometimes Tax Time can be so painful…
Remember the last time your Mutual Funds took a loss and you STILL had to pay taxes. Doesn’t seem fair. AND when your stocks take a loss all you can do is write that off against your stock gains.
Have you ever thought to yourself,
“Wouldn’t it […]
May 06 2008
mutual funds and tax
It’s obvious that any investor is going to want to be holding the best mutual funds. The problem is that most investors don’t really have a clue as to what they expect from a mutual fund, and so don’t have a plan to identify the best fund for their particular situation.
The will […]
May 06 2008
mutual funds and income tax
An Introduction to the Stock Market
What is the Stock Market?
The stock market is a commercial platform for people and organizations to trade company stocks and derivatives of stocks. Similar trading platforms are the bond market and the commodities market. The bond market is an over-the-counter environment that deals with trading in […]
May 06 2008
mutual funds after tax
Do you know what tax information you need in case you are faced with an audit? Don’t be audited and not have the right papers. Though your chance of being audited is not high, it’s better to be prepared.
So what are the chances of being audited? Audit chances are increased when deducting […]
May 06 2008
most tax efficient mutual funds
This time of year, now through the first quarter of next year, you will see articles offering year-end tax planning tips. Tax planning tips can increase income in future years, so be careful. Many tax tips often involve accelerating deductions, deferring income, or last-minute charitable deductions (the first three following tips).
For […]
May 06 2008
low tax mutual funds
The stock market is going through a cycle right now that could be a bit unsettling. In fact if you were to buy into the media, there’s a lot of gloom and doom. And yet . . .
I have taught for years that everyone should earn 15% or more average annual return […]
May 06 2008
list of tax saving mutual funds
After many years of having the “tax day” creep up on me, I have finally found a few great guidelines to handling the last minute rush.
1) GATHER THE FORMS YOU NEED. You can get them off the Internet at http://www.irs.gov/formspubs/index.html. Or you can go to the post office or, if […]
May 06 2008
income tax on mutual funds
The 401K plan is an employer sponsored retirement savings plan in which the employee transfers a portion of his/her wage into the retirement account. This plan allows an employee to save for the retirement without attracting any immediate income tax on the deferred amount. The 401K tax deductions are granted until […]
May 06 2008
hdfc tax saving mutual funds
Would you like to know what is considered capital gains by the IRS? Would you like to know how much it might cost you?
Capital gains is what the IRS says is your profit when you sell something that is defined as a capital asset. Real estate, mutual fund shares, stocks, and […]
May 06 2008
hdfc tax saver mutual funds
A mutual fund index is an investment portfolio that matches a target “index” or benchmark. Common indices include Standard and Poor’s (S&P) 500, Russell 2000, Wilshire 5000, etc. This investment vehicle is quite possibly the most popular mutual fund option available to investors from individual to institutional investors.
The index is a […]
May 06 2008
foreign tax credit mutual funds
Favourably and strategically situated in the Indian Ocean, enjoying political stability and having the right legal and administrative frameworks in place, nowadays the Seychelles is becoming one of the most attractive offshore jurisdictions. It is highly recommended for those seeking an efficient and secure offshore company structure.
Let’s define the most attractive […]
May 06 2008
dividend distribution tax on mutual funds
IRAs and 401(k) plans, in addition to a regular income during retirement, provide tax savings that are well worth the effort they require. These savings plans are swiftly overtaking the traditional company pension as the primary source of retirement income for today’s workforce.
Before we look more at the benefits of […]
May 06 2008
dividend distribution tax mutual funds
Many of us have chuckled at the sight of a common bumper sticker often seen on many recreational vehicles - “Spending my Children’s Inheritance”. While a secure retirement is something we all believe in, very few subscribe to the notion that leaving one’s children nothing except debts to be paid at […]