Category: Taxes

Give Until It Hurts (The Taxman)

A while ago, I read How to Give like a Billionaire and the idea got stuck in my head. We finally looked into it and decided to pull the trigger by creating a fund with Vanguard Charitable. The timing was perfect to take full advantage of the charitable donation tax deduction for 2015, without having to rush ourselves in deciding what charities we’d like to support. Vanguard Charitable is a donor advised...

Selling Stocks at a Loss For Fun and Profit

So the markets are down, it took a while to realize because I try to to ignore the financial media. The good news is we get to save a lot of money on taxes. When life gives you lemons, you make lemonade; when markets give you losses, you harvest them. Tax loss harvesting has always been on the to-do list but seemed intimidating. It turns out it was easier than I thought and kind of...

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