theonlinetaxguy

Source: AdobeStock.com How did my 5 ETFs do versus the famous cryptocurrency during 2018? It is the holiday season.  That means three things to me: Good cheer Family and friends Settling a friendly non-financial wager with some friends about Bitcoin During this week in 2017, I relayed in this column a discussion I had with
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President Donald Trump pledged that his tax law would kill off breaks and complex loopholes for the wealthy. Instead, the overhaul has ushered in a new generation of maneuvers that taxpayers can exploit before Dec. 31 to minimize next year’s bills. Some tactics capitalize on provisions in the law that provide benefits, such as a
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Kuldip Pabla says it’s a misconception that senior adults “do not like or want technology,” and that error alone has caused the development of technology for older adults to lag behind that of younger people. Pabla is the senior vice president of engineering for K4Connect, a technology company that creates smart solutions for older adults
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Tax Optimization in RetirementGetty Earlier this year Fidelity reported that the number of 401K millionaires hit an all time high of 168,000 and the number of IRA millionaires hit 156,000. Now that the 76 million Baby Boomers are starting to retire and reach the age of Required Minimum Distributions - planning for tax efficiently drawing down their savings
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Tesla Inc. has sold more than 200,000 vehicles eligible for the plug-in electric drive motor vehicle credit during the third quarter of 2018, crossing the threshold that, according to the Internal Revenue Service, triggers a phase-out of the tax credit available for purchasers of new Tesla plug-in electric vehicles beginning Jan. 1. Qualifying vehicles by
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United Mine Workers of America President Cecil Roberts speaks during the rally on Capitol Hill in Washington, Thursday, Sept. 8, 2016. Thousands of unionized mine workers and supporters rallied to push for a bill that would protect health-care and pension benefits for about 120,000 former coal miners and their families. (AP Photo/Jose Luis Magana)ASSOCIATED PRESS
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In a much-anticipated move, the California Department of Tax and Fee Administration announced last week that out-of-state retailers who sell above certain thresholds will have to start collecting California use taxes on their sales into the state, starting April 1, 2019. Since the landmark Supreme Court decision in South Dakota v. Wayfair last finding that
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Ron Paul is warning this year’s corrections could be a precursor to an epic market collapse that may come sooner than investors think. According to the former Republican presidential candidate, Wall Street is becoming more vulnerable to near-depression conditions within the next 12 months. “Once this volatility shows that we’re not going to resume the
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