-
BusinessWeek: 10 Strategies used by the ultra wealthy to avoid taxes
For all the silly bluster about the “Buffett rule” in Congress, the fact is that the vast majority of folks who earn a lot do pay a lot in taxes. And the very well known exceptions – such as Buffett himself claiming to pay a lower tax rate than his secretary – are due to Read more
-
Saving For Retirement: 10 Things You Need To Know
We periodically make special reports available to our clients and others. Please let us know you’re interested by filling in your e-mail address below. We are currently offering “Saving For Retirement: 10 Things You Need To Know”. The report is free. http://www.meyersmoney.com/resources/special-reports/ Read more
-
Morningstar article on dependent-care FSA vs tax credit
A must-read from Morningstar for anyone with kids in daycare, with a nanny, etc. http://news.morningstar.com/articlenet/article.aspx?id=539497 In particular, there are some great examples of how much less is going to be paid in taxes one way vs. the other. The dependent care FSA lets one put away money (through one’s employer, only) on a pre-tax basis Read more
-
Zvi Bodie, TIPs, Zero-Cost Collars and Equity Risks
Major piece in today’s Wall Street Journal, “Why Stocks are Riskier Than You Think” by Zvi Bodie and Rachelle Taqqu http://online.wsj.com/article/SB10001424052970204795304577221052377253224.html?mod=googlenews_wsj (Of course, Bodie and Taqqu are also hoping that this article will lead a lot of people to buy their recent book, “Risk Less and Prosper”. Bodie and Taqqu’s own retirement plan likely hinges Read more
-
IRS: Standard Deduction vs. Itemizing – Seven Facts to Help You Choose
http://content.govdelivery.com/bulletins/gd/USIRS-31e552?reqfrom=share Worth reading the article linked to above. When working with folks on their taxes, the question of itemizing vs. taking the standard deduction comes up very frequently. The short story is that you should do whichever allows you to pay less in taxes. Your standard deduction (if you are allowed to take it) effectively Read more
-
Savings Accounts
The current interest rate environment is weighing heavily on those who count on getting any kind of return on their cash and/or low-risk investments. Treasury bond yields are at historic lows, especially at the short end of the curve. That means that the most cash-like treasury securities – the ones which mature the soonest and Read more
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
Meyers Wealth Management 