Andrew G. Klapac

What Are the Tax Implications of Gold and Other Precious Metal Investments?

To hedge against stock market volatility and inflation, some IRA owners and investors put money into precious metal assets, such as gold, silver and platinum. Although precious metals can be volatile, that gamble appears to have paid off for many investors. Over the last year, the prices of these alternative investments have soared.

Recent Survey Highlights Financial Struggles among Retirees

Fewer than one-quarter of currently retired people feel "very confident" they'll maintain a...

How to Trim Your 2024 Taxes by Contributing to a Retirement Plan in 2025

Many types of retirement plans allow contributions to be made after year end. And last-minute...

C Corporations: Tax Issues to Consider When Closing a Business

Are you thinking about closing your business? Rising prices, labor shortages, fluctuating demand...

7 Tax Breaks for Business Buildings

Businesses are returning to their regular work premises in droves. About 65% of U.S. businesses...

IRS Targets Partnership Tax-Reduction Tactic

The IRS recently announced the launch of a new multistage regulatory initiative intended to close...

Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions

The Tax Cuts and Jobs Act (TCJA) included many important federal income tax provisions that affect...

Seniors: You Might Not Want to Sell that Highly Appreciated Home

In recent years, the residential real estate markets in many areas have surged. That means there...

Computing Tax Basis Counts when Selling a Highly Appreciated Home

Residential real estate prices in many markets have surged over the last few years. As a homeowner,...

Set up a Tax-Favored ABLE Account for a Family Member with a Disability

Today, most states offer programs that allow you to establish a tax-favored account to cover the...