Time is Running Out for 2013 Tax Cutting

There’s not much time left for you to make beneficial tax moves for 2013. Consider these possibilities. * Maximize retirement plan contributions. For 2013, you can put $17,500 in a 401(k) plan, $12,000 in a SIMPLE, or $5,500 in an IRA. If you’re 50 or...

Don't Let Taxes Cloud Your Economic Decisions

Some tax-cutting strategies make good financial sense. Other tax strategies are simply bad ideas, often because tax considerations are allowed to override basic economics. Here’s one example of the tax tail wagging the economic dog. Let’s say that you run...