With April 15th looming, here are six last-minute tax tips to help you survive the season.
When you check your mutual fund investment returns, do you believe their performance figures?
If the fund says it rose 10% for the year, for instance, do you automatically assume that your portfolio enjoyed the same boost? Actually, you shouldn’t.
Many times the figures won’t match because of taxes. With the exception of retirement accounts, your actual returns will usually be lower due to the tax drag.
This the time of year when it makes sense to explore last-minute ways to ease the tax bite that could be waiting for you on April 15. Here are eight potential ways to shrink your tax liability: