Word: sells
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Dates: during 1990-1999
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...partnership and naming yourself the general partner, you may be able to give away more, faster, notes Kevin Flatley, director of estate planning at BankBoston. Courts have consistently found that assets in such a partnership have less value because they are not liquid. Only the general partner can sell. So you may be able to gift up to $14,000 of stock this way and value it at only...
...SELL THOSE LOSERS...
...time to take stock of your investment portfolio. If you've sold securities at a gain, consider weeding out some losers--offsetting taxable gains with an equal amount of losses and taking an additional $3,000 in losses against ordinary income. The first to sell are those you've held longer than a year. Long-term losses must first be applied against long-term gains. But once those have been offset, you may apply remaining long-term losses against short-term gains, allowing you to cancel a gain taxed at as much as 39.6% with a loss that should save...
...Selling for just tax reasons doesn't make sense if your losers are still worth holding. If you do sell and generate the tax loss, you can't hold onto that loss if you repurchase the stock within 30 days. So buy another stock in the same industry. "This is especially simple in the mutual-fund world," observes Tom Ochsenschlager, tax partner at Grant Thornton. Sell a losing fund, realize the loss for tax reasons, and immediately buy another fund just like...
...previous two presidential runs and "off season" political columns. They range from his proposal to build a triple wall along the Mexican border patrolled by the National Guard to his new book questioning American involvement in WWII. He has pledged that, under a Buchanan regime, the "Chinese won't sell another pair of chopsticks in any mall in America...