How to Handle the Dangers of DIY Investing
Wall Street wants you to believe that you need professional help to manage your money, but most investors prefer to go it alone. And you, can, if you dodge these pitfalls.
Wall Street wants you to believe that you need professional help to manage your money, but most investors prefer to go it alone. And you, can, if you dodge these pitfalls.
It's next to impossible to "time the market," but it is looking like this bull market is nearing its end. Here's how to protect your assets from the next market downturn.
Members of the sandwich generation - caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs - might find some relief come tax time. The bottom line is, who's a dependent?
Tens of millions of workers will soon be getting W-2 tax forms. Included on that form is a lot of the key information that will determine whether you get a refund or will owe more to the IRS this year. And it also has three numbers you can use to improve your tax planning for the future.
If you're a millionaire, lowering your taxes can be complicated. But for the rest of us who are not near the top tax brackets, minimizing payments to Uncle Sam can be simpler. Here are some tips to help you lower your tax bill.
Year-end tax planning is trickier this time around: Unless Congress compromises, all the Bush tax cuts will expire when 2013 arrives, and many popular tax breaks that expired at the end of 2011 may not get revived. Here's how you can lower what you owe the IRS, regardless of what happens in Washington next month.
Using Roth IRAs to save for retirement is one of the smartest moves you can make. What's not smart, however, is breaking the IRS rules governing IRAs. Fortunately, if you accidentally break the rules you can go back and fix things -- as long as you don't wait too long.
Tax planning is more complicated than ever now, thanks to the fiscal cliff we're hurtling toward and the tax increases it would bring. And while it's possible that Congress will steer us away from the cliff, if you're in a higher tax bracket, it's time to start doing some contingency planning.
While the pains and pressures of this year's tax season are fresh in your mind, give some thought to next April 15. Here are five tips from the personal finance pros for making next year's tax filing season less stressful and more monetarily rewarding.










