Search

Virginia's Tax Amnesty program ending soon 11/07/2017 11:13am • Washington — Virginia taxpayers with delinquent state taxes are running out of time to pay up without penalty. Virginia's Tax Amnesty program, approved by the 2017 General Assembly, has a goal of collecting $89.5 million. In September, Virginia Tax sent almost 400,000 mailers to taxpayers wh How to Make Your Kid a Millionaire 11/06/2017 07:00pm • Listen up, kids -- and this case, we truly mean kids: If you want to invest your way to wealth by the time you hit 30, or even 20, it's definitely possible. You don't even need a huge honking loan from Mom and Dad to do it, though you'll likely need their guidance at some point. But let's say you ( How to Make a Taxable Account More Efficient 11/06/2017 07:00pm • Tax-advantaged accounts are the cornerstone of a solid retirement strategy, but a taxable brokerage account is an opportunity to expand your investment horizons. Nationwide, an estimated 17 million households own a taxable investment account, according to Deloitte. On average investors held a littl How Investors End Up Being Tactically Wrong 11/06/2017 07:00pm • Tactical asset allocation is an investment strategy that actively adjusts a portfolio's composition in response to market conditions. Unlike strategic asset allocation, a passive strategy that maintains fixed allocations at all times, tactical investors may deviate from those percentages to take ad What the Paradise Papers Reveal About Global Business and Political Elites 11/06/2017 07:00pm • By Ronen Palan The so-called Paradise Papers may sound familiar -- leaked documents from a law firm that specializes in offshore services reveal how the global elite avoids paying taxes. Even the name has the same ring to it as last year's Panama Papers expose. But the Paradise Papers are different, You Finally Paid Off Your Mortgage. What Now? 11/06/2017 07:00pm • You've paid off your mortgage, which means you now have a lot of new little problems and concerns to fill your time. Sure, these are good little problems and concerns. What do I do with my extra money every month? Where do I put my deed? Nobody's going to feel sorry for you for having these "problem Does Investing in Life Insurance Make Sense? 11/05/2017 07:00pm • When purchased early and before you're facing health and other challenges, life insurance is often a good choice. Which kind to pick, however, can be confusing. It is an investment that can become highly valued or a waste, depending on how you approach it. Most people are familiar with term life in How the Wash-Sale Rule Can Trip Investors 11/05/2017 07:00pm • Year-end investing moves can pay off nicely at tax time the next spring, but can also trip you up. Take the wash-sale rule. Running afoul of it can destroy your tax savings from selling losers. But understanding it will let you claim those losses and avoid missing investment gains by sitting on the Year-End Retirement Planning Deadlines for 2017 11/05/2017 07:00pm • Contributing to a 401(k) plan can save you thousands of dollars on your 2017 tax return, but you need to meet the year-end contribution deadline. Retirees must take withdrawals from their 401(k)s and traditional IRAs before the end of the year to avoid a stiff tax penalty. Here's how to maximize th Safety improvements coming to Indian Head Highway, officials say 11/04/2017 07:31pm • FORT WASHINGTON, Md. -- Residents who live along Md. Route 210, Indian Head Highway, are being told that safety improvements are coming, to reduce the high number of collisions and fatalities along the speed-plagued, crash-prone roadway. According to Maryland State Highway figures, there were 1,4 6 steps to a debt-free retirement 11/04/2017 08:00am • The temptation to borrow is ever-present in our society. But you can choose to be free of obligations to banks and lenders by being debt-free. Some retirees are completely debt-free as they enter their golden years. There's a unique comfort in paying off all your debts before you retire. Debt can Fairfax Co. pleads for money to help fund J.E.B. Stuart $1M name change 11/03/2017 05:10am • WASHINGTON — Fairfax County Public Schools, the largest public school system in the D.C. region, is asking for financial donations to help cover the substantial costs associated with renaming J.E.B. Stuart High School in Falls Church, Virginia. Following a vote to rename the school last week, c Look for These 2 Key Features in Your HSA 11/02/2017 08:00pm • There's only one financial product that offers three tax benefits, but very few Americans are using it to maximize their savings: health savings accounts. HSAs are perhaps the most-favored investment vehicle under U.S. tax code, as long as you use them to save for future medical expenses. In fact, Tesla Inc (TSLA) Could Lose a Major Tax Credit in 2018 11/02/2017 08:00pm • The bad news keeps rolling in for Tesla Inc (Nasdaq: TSLA). TSLA stock dropped 6.8 percent Thursday after investors learned that the GOP tax plan would eliminate a $7,500 federal tax credit that makes it easier to buy electric vehicles. The news comes on the heels of Tesla's major earnings miss and Why You Should Consider Municipal Bonds 11/02/2017 08:00pm • When investors looking for fixed income weigh their options, bonds often rise to the top of the list. These securities allow you to act as a lender of sorts, pooling with other investors to provide capital to corporations or even the U.S. government in exchange for fixed interest payments. Bonds ar