United States savings bonds were first sold by the federal government in World War I and again in World War II as a way to raise money. Today, these bonds have become a permanent savings vehicle for the more than 55 million Americans who own them. Continue Reading →
Tags: united states savings bonds
Posted by JKLasser
in A Deduction a Day on 16.03.10
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When it comes to investments, it’s helpful to turn to experts for assistance. Financial experts may be compensated for their services in different ways. Stockbrokers, for example, are paid through commissions on the investments they sell. But some financial advisers are paid on a fee basis; some receive both fees and commissions. Commissions are not a deductible expense (they are added to the cost basis of the investments purchased). But fees may be deductible. Continue Reading →
Tags: brokerage firm, deductible expense, estate planning advice, estate planning services, financial advice, financial advisers, financial experts, financial planner, itemized deduction, stockbrokers
Posted by JKLasser
in A Deduction a Day on 15.03.10
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Home computers (desktops and laptops) can be used for more than just e-mailing relatives across the country, visiting chat rooms on hobby interests, or helping children with homework. Home computers can be used for investment activities, including research and recordkeeping. Depending on how the computer is used, some costs may be deductible. Continue Reading →
Tags: investment activities, investment expenses, investment purposes, itemized deduction, straight line depreciation
Posted by JKLasser
in A Deduction a Day on 14.03.10
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