While you may have other reasons, there is no tax advantage to naming a trust as the beneficiary of an IRA. Learn what we mean in this week’s Tax Tip.
Substantial reporting requirements have been added to the 2014 tax return to facilitate the ACA insurance mandate. We explain in this Tax Tip.
If you have losses in certain stocks or bonds, you may be able to sell them for a loss to offset any capital gains you recognized during the year.