Lately, we've been getting quite a few inquiries regarding tax harvesting, as well as the effect of transferring assets from one brokerage account to another has on your taxes. We decided to create an infograph for you guys as well as a blog post diving a little bit deeper into
W-8BEN, “Certificate of Foreign Status of Beneficial Owner for Untied States tax Withholding and Reporting” Here's how to fill in IRS form W-8BEN If you are a non U.S. legal person and your primary residence is outside of the U.S. you will be required to fill out a form W-8BEN when
Filing yearly income taxes: a grueling task all American adults are familiar with. Every year, the IRS declares the beginning of the tax filing season and the storm rolls in. Individuals purchase programs such as H&R Block, TurboTax, TaxAct to ease the long, tedious process. Others employ the help of
Tax Structuring 101: Astute management of investment-related taxes is a critical piece throughout the portfolio management process; tax consequences severely diminish investors’ spending power and long-term return. For wealthy families and individuals, the differences can amount to millions of dollars a year. As a result, a taxable individual investor
Before you think about filing for bankruptcy, there are some things that you need to know. Of course, if you are considering bankruptcy, it means that you may be facing debts that you are unable to pay off. Bankruptcy, in most cases, may help to get rid of your debts and
Whether we like it or not, heavy incentives are built into the U.S. tax code. In fact, many a tax law is built around the idea that people will react differently in the presence or absence of a tax. In some cases, large tax increases help to spur major swings
