capital gains

As a followup to my recent post about IRA rollover rule changes, I wanted to share another bit of news from the IRS… In Notice 2014-21, the IRS has declared that Bitcoin and other virtual currencies are to be treated as property for federal tax purposes. This means that such […]

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A few years ago, when the stock market was down in the dumps and investors were taking a beating, tax loss harvesting was all the rage. In short, people were locking in paper losses with the intention of using them to offset their gains. And, in many cases, people (like […]

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How Mutual Fund Expense Ratios Work

by Michael on Jul 29, 2013 · 3 comments

The other day, while perusing the Bogleheads investing forum, I ran across a misunderstanding of how mutual fund expense ratios work. In short, someone was holding three different all-in-one mutual funds and was thinking of combining them all into one to avoid “avoid paying the expense ratios” on two of […]

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Dividends make up a substantial fraction of the returns on many investments, and most of us reinvest them — at least in our early years. The easiest way to reinvest your dividends is to automate the process. Simply direct that money straight back into whatever produced it. And yet… My […]

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Fiscal Cliff Tax Changes

by Michael on Jan 1, 2013 · 1 comment

Well… Congress technically let us go over the fiscal cliff, though the Senate has now passed legislation to address the situation. The House should consider it soon and, after some pontificating, I expect it (or something very similar) to pass — perhaps narrowly — and to be signed into law. […]

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With less than a month to go before the end of the year, there’s no time like the present for some last minute tax planning. One major tax break that many of us take advantage of relates to charitable donations. And if you’re anything like us, you leave your charitable […]

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Tax Gain Harvesting: What's the Deal?

by Michael on Nov 28, 2012 · 1 comment

While tax loss harvesting is a familiar concept that is employed by many seasoned investors, I’d bet that far fewer are familiar with — or fully appreciate — tax gain harvesting. With tax loss harvesting you’re turning lemons into lemonade by locking in (paper) losses to offset gains, or even […]

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