Tax

Mega Backdoor Roth 401(k): How to Add $37,500 in Tax-Free Savings

Mega Backdoor Roth 401(k): How to Add $37,500 i...

You maxed out your 401(k) sometime around June. You hit the number your payroll system flagged, the contributions stopped, and now your leftover savings each month are landing in a...

Mega Backdoor Roth 401(k): How to Add $37,500 i...

You maxed out your 401(k) sometime around June. You hit the number your payroll system flagged, the contributions stopped, and now your leftover savings each month are landing in a...

Roth vs Traditional IRA: How to Choose Which is Best for You

Roth vs Traditional IRA: How to Choose Which is...

The Roth vs Traditional IRA question really comes down to this: do you want to pay the IRS today, or do you want to pay them tomorrow? I sit across...

Roth vs Traditional IRA: How to Choose Which is...

The Roth vs Traditional IRA question really comes down to this: do you want to pay the IRS today, or do you want to pay them tomorrow? I sit across...

How to avoid taxes when selling a rental property?

How to avoid taxes when selling a rental property?

When you finally decide to sell your rental property, it is important to know that there are dozens of ways to handle the resulting tax bill. Some people use complex...

How to avoid taxes when selling a rental property?

When you finally decide to sell your rental property, it is important to know that there are dozens of ways to handle the resulting tax bill. Some people use complex...

Should I Give My Family Member a Business Loan or Buy Equity?

Should I Give My Family Member a Business Loan ...

If you are investing in a high-risk family business that operates as an S-Corporation or C-Corporation, structuring your investment as equity (stock) under IRC Section 1244 is often much better...

Should I Give My Family Member a Business Loan ...

If you are investing in a high-risk family business that operates as an S-Corporation or C-Corporation, structuring your investment as equity (stock) under IRC Section 1244 is often much better...