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If you're one of those lucky employees who is enjoying stock options that your employer has awarded you, or if you just pocketed a pile of dividends on your investments, you may need to pay estimated taxes on your profits. Why? Two words: underpayment penalties.
If you make...
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If I donate shares of stock to a charity, what kind of tax deduction can I take?
If you donate stocks to a charity, you can take a tax deduction. But how much can you deduct?
The amount of the deduction depends on how long you have held the stock, and how much it has...
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I want to sell an old coin to an antique dealer. Will I have to report that transaction on my income tax return?
If you sell a painting, sculpture, gem, or bottle of fine wine, anything that people collect , you probably owe taxes on the profits. The idea is relatively new....
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I see that I paid some foreign taxes on dividends. Can I get a tax break because I already paid those taxes?
In an increasingly global economy, chances are that if you invest in a large corporation or mutual fund, you may find that you have received income from a foreign...
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The end of the year can be the most dangerous time for investors. But if you can avoid the top 10 investment blunders at that time, you will save money on your taxes, and perhaps even increase the returns on your investments.
We realize that a review of your year-end tax...
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To encourage you to invest, Congress lets you deduct many of the expenses involved. Browse through this list to see what you may be able to deduct.
Expenses You Can Deduct
Legal fees: If you sought legal advice regarding your investments, you can deduct those fees. If th
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