What Can We Do NOW?
Admittedly we are not Certified Public Accountants and so we [...]
Granted, the tax bill and the media will continue to [...]
The Tax Cuts and Jobs Act is voluminous, so I [...]
If you're worried that what you don't know about this 1,000+ [...]
Well the only good thing about a stock market decline is that we owe LESS taxes on the earnings...ahem, I mean on the lack-of-earnings. In fact, it gets better. We can (and should) take up to $3,000 of losses over and above those which offset our capital gains, as a tax loss.