Getting the edge in investing, wagering, and life.
Taxes are due April 17, 2007 this year so we have a couple extra days to fund our IRAs. IRAs do not have to be funded in the tax year (2006) but can also be funded for the tax year 2006 up until tax date (April 17, 2007). If you are not an IRA advocate, […]
Tax time is approaching and it’s always a chore to calculate capital gains for my taxes. I was looking around the web to see if any of the free stock ticker sites had a way that I could just submit a bunch of ticker symbols and dates and generate a table of historical stock prices. […]
Today’s USA Today has a good article on tax issues surrounding retirement….Retiring doesn’t mean retiring from taxes. It explains the wisdom to “stuff as much into a Roth IRA as you can”. So, if possible, it is wise to contribute the $4000 a year to a Roth ($5000 if you’re over 50). However, high […]
Generally, at the end of each year I look at what stocks I want out of my portfolio, I then try to sell a balance of winners and losers. Per IRS rules on capital gains and losses, “if your capital losses exceed your capital gains, the excess is subtracted from other income on your tax […]
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