How Low is Your Passive Income Tax Rate? The Taxes on Passive Income Streams
A long-time reader recently reached out with an intriguing idea; he wanted to share his passive income tax rate as … Read more
Taxes
Tax Loss Harvesting with Vanguard: A Step by Step Guide
When the stock market hiccups, as it is known to do from time to time, you may have one of … Read more
7 Great Tax Benefits of Investing in Real Estate
High-income professionals should focus not only the returns from their investments, but also the after-tax returns. The difference can be … Read more
Taxes on a Million Dollars of Earned Income
How much would the taxes on a million dollars be? We calculate it based on earning that sum over 10 years, 4 years, and one year. The answer can be under $100,000 or over $360,000 depending on how long it takes you to earn $1,000,000.
Giving Faceoff: Charitable Remainder Trust (CRT) versus Donor Advised Fund (DAF)
I’ve written extensively about how I use a donor advised fund to give more generously while taking advantage of the … Read more
Tax-Free Roth Conversions via the Section 199A 20% QBI Deduction
Today, I’ve got a guest post from one of our nation’s foremost experts on the 20% qualified business income deduction, … Read more
The Diminishing Returns of More Hard Work
Today’s Saturday Selection comes from The White Coat Investor. Dr. Dahle was way ahead of me in thinking about the … Read more
A Rare Tax Break for the Wealthy: The 529 Account
Welcome to another excellent Saturday Selection, a series in which a classic (but updated) post from a member of the … Read more
Tax Reform and Health Insurance: New Options for the Self-Employed & Early Retiree
Before we get to today’s guest post, I want to highlight the impressive new course put together by my friend … Read more
WCI versus PoF: A Pro / Con on Donor Advised Funds
Welcome to our first Pro / Con post, a collaboration between The White Coat Investor and me. This is … Read more
Tax Reform! How Physicians and the Self-Employed are Affected
All I wanted for Christmas was a tax break. Guess what I got? A tax break! With the passage of … Read more
Tax Benefits of Donating to Charity
Today’s Saturday Selection, courtesy of The White Coat Investor, explores two of my favorite things: lowering taxes and donating money. … Read more
A Quarter Million in DAFs: A Retirement Goal Achieved
This is not your typical FIRE blog, and I’m not an average FIRE blogger. Financial Independence was never a goal … Read more
Estimated Taxes and the Safe Harbor Rule
Today’s Saturday Selection from the White Coat Investor is another post geared towards the non-employed physician. In this case, by non-employed, … Read more
The Best Way to Donate A Hundred Grand
No, not the candy bar. In a related post, I shared how I woke up $100,000 poorer on my 41st … Read more
Tax Drag: What a Drag it is Getting Taxed
Most of us start making our first investments in tax-sheltered accounts. These accounts, which include traditional and Roth IRAs, 401(k) … Read more
Top 5 Ways to Pay No Tax on Capital Gains & Dividends
Today, I’d like to explore strategies to avoid taxes on capital gains and dividends. Both of these investment returns come … Read more
Top 5 Ways to Lower Your Tax Bill
Tax Day is just around the corner. Be sure to file your tax return (or file for an extension) before … Read more
The Taxman Leaveth: Taxes in Early Retirement
During our years of wealth accumulation, a.k.a. working, we pay a pretty penny in taxes. We become accustomed to knowing … Read more
The Donor Advised Fund : A Smarter Way to Give
A donor advised fund (DAF) is an excellent and tax-efficient way to give to charity. The vast majority of my … Read more
