Tag Archives: #taxadvantages

Defer Your Taxable Gain with Installment Sales Methods

Installment sales, where you receive payments in more than one tax year, let you defer tax on sales until you actually receive those payments. Tax is divided among the actual installments and due as you receive them. Here’s how it … Continue reading

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Tax-Smart Cash Choices

Cash and cash equivalents such as CDs, savings accounts, and money- market funds, are core parts of most asset allocations, as anchors to limit portfolio volatility and safe harbors from choppy markets. But cash is the least tax-efficient investment. Bank … Continue reading

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C-Corporations and Pass through corporations can contribute to the Georgia GOAL Scholarship Program and receive a much needed benefit.

Corporations can receive a tax credit for amounts contributed to the GOAL Scholarship Program and many corporations have done so. For “C” corporations, the tax credit is available up to 75% of their annual Georgia income tax liability. Owners of … Continue reading

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Tax Breaks for Owning Your Own Home

Despite fluctuating real estate prices, owning your home can still be a smart long-term choice for most families. Here are three reasons why: Borrowing the bulk of your purchase price leverages your down payment and lets you profit from gains on … Continue reading

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How Section 529 Plans Can Help With Your College Savings

These days saving for college can be harder than saving for retirement. Consider Section 529 Plans which offers various tax advantages. Section 529 Plans are state-sponsored college savings plans that allow you to set aside money for your child’s education … Continue reading

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