Did You Participate in an Employee Stock Option or Stock Purchase Plan?

Did you know about the new reporting requirements that took effect in 2014? If you did not, or even if you did, you may want to DOUBLE check your current year tax return, because you may have been DOUBLE taxed! Brokerage firms use Form 1099-B to report your sales of stock and other securities. This …

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Abandonment May Be A Good Thing – Get Rid of Capital Call Payments

Tired of making those capital call payments on an investment partnership that may never recover its value? Consider abandoning it. If the value is depressed and recovery is nowhere in sight, why continue to throw money at it. By abandoning the investment, not only do you get the tax loss now, but it may be …

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