How to Lower Your AGI and Why You’d Want To
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Here are 8 reasons you’d want to lower your AGI and 8 methods to lower your AGI.

Generational Financial Planning Within The Kiddie Tax Limits
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Families that consider generational financial planning techniques can reduce the burden of taxes on the family as a whole.

Our Customized Roth Conversion Recommendations
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I have learned there are so many more wise plans than just “top of the bracket” conversions.

Five Things You Can Control: Taxes
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A dollar saved on taxes is worth more than an extra dollar of income because the extra dollar of income is in itself taxable.

Asset Location Can Significantly Boost After-Tax Returns
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Exact asset location depends on the percentage of a portfolio held in each of the three types of accounts as well as the percentage of the portfolio which is to be allocated to each selected sector. But the boost in after-tax returns is well worth the effort.

Radio: Tax Planning Season
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When you finish your tax preparation, it is time to begin tax planning.

Retirement Plan and Health Savings Plan Limits for 2017
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Every year the IRS releases new limits for how much you can contribute to Individual Retirement accounts and Health Savings accounts for the tax year.

2017 Estate and Gift Tax Limits
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Neither party has to pay taxes on gifts up to this gifting limit, and the limit remains unchanged from 2016.

Why Would You Intentionally Realize Capital Gains?
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When you sell an investment that has appreciated, the IRS looks at your tax rate and taxes the gains accordingly.

Mailbag: The Practical Limits of 1031 Exchanges
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Using a 1031 exchange to turn investment property into residential property is possible, but it takes careful planning from the outset.

Gifts, Taxes, and IRS Form 709
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Most people are unaware that giving a gift can be a taxable event because they themselves have not yet experienced the tax.

Mailbag: How Is Capital Gains Tax Calculated?
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The IRS does not do a good job of helping people understand capital gains taxes. They provide a worksheet to help you calculate it, but it has so many steps that it’s nearly impossible to figure out what’s going on.

Tax Loss Harvesting and Wash Sales
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Wash sale rules need to be followed when realizing capital losses for taxes but can be burdensome to track and monitor.

What Counts as Wages for the Social Security Earnings Test?
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Contrary to the normal way of things, this time what Uncle Sam gives with the IRS, he takes away with the SSA.

What Counts as “Boot” in a 1031 Exchange?
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1031 exchanges can include “boot,” which is an unofficial term for other property received in the exchange.

Mailbag: Unexpected Income and Estimated Taxes
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How do you handle unexpected income that happens late in the year?

Gifting Appreciated Stock To Family Members
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For children with lower incomes, there is an opportunity to give them appreciated stock to shift the capital gains to a lower tax bracket.

Mailbag: Where Does Cost Basis Go in a Partial 1031 Exchange?
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In a 1031 exchange, the cost basis of the property you give up is rolled into the new property you receive.

Mailbag: When Can I Move Into a 1031 Property?
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Because 1031 exchanges are a great way to defer paying large amounts of capital gains tax, the IRS tends to be suspicious of them.

What Capital Gains Is Owed For The Sale Of Gifted Stock?
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It is better to leave stock to a family member in your estate plan than to gift them the stock while you are alive.

What is a Backdoor Roth?
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Even over the income threshold, you may still be able to add funds to your Roth IRA with what is called a backdoor Roth.

When Should You Stop Funding Your HSA?
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You’ve opened your HSA and funded it for several years. When should you stop funding it?

Education Improvement Scholarship Tax Credits
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Virginia taxpayers can give generously and offset the cost of those gifts through tax credits and the avoidance of capital gains taxes.

How to Take Advantage of Student Loan Forgiveness
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You might think that you can’t qualify, but many well-paid families are eligible.

How to Intentionally Realize Capital Gains
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Careful tax planning can avoid much of the capital gains tax.

Radio: Knowing When to Realize Capital Gains
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David Marotta was interviewed on the radio discussing how to figure out know when to realize capital gains and how much to realize when you do.

Tax Alpha: How to Fix a Client Portfolio
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Good financial planners can be worth their weight in gold in helping clients build a tax-efficient portfolio.

Radio: Twelve Tax Planning Agenda Items To Do Before April 15
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It is better to do tax planning all throughout the year, but here are 12 things to do (or plan to do in the coming year) before April 15.

Mailbag: Is There An Advantage For Me To Do A Roth Conversion?
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My wife and I are 65 years old and I am newly retired. Is there any advantage in doing a Roth conversion this year?

How To Diversify Highly Appreciated Stock
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Exchange funds, also know as swap funds, can provide investors with one highly appreciated security a way to trade it for an equivalently valued but more diversified portfolio.

Video: Virginia’s Neighborhood Assistance Program Tax Credits
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This video discusses Neighborhood Assistance Programs, and how donating to a local charity can both help people in your area and help you with your Virginia tax bill.

Mailbag: Can I Roll My IRA Into A REIT Tax-Free?
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A reader asks, “My wife has a $250K SEP IRA earning 1.5% interest. Can we use any of the funds for real-estate investments?”

Fourteen Ways to Avoid Paying Capital Gains
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The capital gains tax traps wealth in an investment vehicle requiring special techniques to free the capital without penalty.

What is a 1031 Real Estate Exchange?
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Despite their complexity, these exchanges have the potential to save vast amounts of money.

Mailbag: How Do You Live When You Are Trying To Avoid Taxes?
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Having sufficient assets in a taxable account can allow for tax planning.

Virginia Neighborhood Assistance Program Tax Credits Coming Soon
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Church Hill Activities and Tutoring is one example of the many charities that are granted tax credits to share with donors.

Realize Some Capital Gains Each Year To Keep Taxes Low
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There are at least four different capital gains tax rates. Here’s how to minimize yours.

Gift Tender Offers To Charity To Avoid Capital Gains Tax
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This technique can avoid paying any tax, a savings worth up to 36.1%.

NCEF Seminar in Charlottesville: “Tax Planning for Seniors”
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On April 25, David John Marotta discusses details of IRS form 1040 and other tax documents, how you can use your tax return to glean information about your financial habits, and ways to optimize your accounts.

Tax Planning
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A dollar saved on taxes is worth more than a dollar earned. If you earn another dollar, they will just tax you again.

Tax Season – Wealth Management Carnival #11
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With the federal tax filing deadline upon us, here are some articles on little-known tax tips, interesting facts, good advice, and general information about taxes. Some of these are applicable now, and some you might want to store away for next year.

Keep Working and Hire Financial Professionals
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For families with complexity to their finances, hiring a tax professional actually saves them money. Wealth managers bring benefit to such families in the same way.

Video: Even the Beatles were against highly progressive taxes!
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Let me tell you how it will be: There’s one for you, nineteen for me. Should five per cent appear too small, Be thankful I don’t take it all.

Is 95% of the Trade Imbalance Legal Tax Evasion?
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As one of Forbes’s 25 largest fictional companies, Stark International could avoid $4 billion in U.S. corporate taxes with this one simple technique.

Video: How to Check Up On Your Charity
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Maybe it is time you checked up on your favorite charities before making your next gift.

15 Tax Moves For Right Now. Really?
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Do any of these ideas suggest any incentive for the highly productive to continue producing?

Dwight D. Eisenhower on tax cuts and a balanced budget
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“Until the deficit is eliminated from our budget, … there is no end to inflation; there is finally no end to taxation; and the eventual result would, of course, be catastrophe.”

Is a National Sales Tax Really Fair?
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Claims of “fair” or even “regressive” or “progressive” depend very much on what is used as the denominator.

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