As we enter the final month of the year, there are some money moves you can make to maximize your gains and save on taxes. Here are some good strategies to practice towards the end of every year. Realize those capital gains and losses. If this was a high-income year for you and you’ve decided to get out of some bad investments, now is a good time so that you can harvest those losses from the underperforming investment to offset…
Roanoke native and financial advisor Daniel Colston spent his time during the pandemic helping his clients make smart money moves, bringing on new clients who were wary of the market ups and downs, and writing the newly released book: “The Money Success Guidebook.” This book is your unique, definitive guide to growing your wealth and living the life you want. Financial planner and investment expert Daniel Colston shows you how to not only invest intelligently, but also how to maximize…
Two certain things in life are death and taxes. And even though much can change in the tax system, the IRS will always be there to take their portion of your income. Much indeed has changed since the 2017 Tax Cuts and Jobs Act. Many Americans this year are seeing less of a tax refund or more of a liability than they were expecting because their employers withheld less taxes on their pay-stubs last year. In an effort to reduce…
