25+ min ago   (500+ words) A landlord sitting on a massive rental gain found a corner of the tax code that most CPAs never bring up at closing, and using it legally cut his federal bill on hundreds of thousands in appreciation down to almost…...

20+ hour, 2+ min ago   (819+ words) Conventional wisdom says cash in a retirement portfolio is a drag on returns, but for retirees drawing from their savings every month, ignoring that advice might be the only thing standing between a recoverable downturn and a permanently derailed plan....

22+ hour, 6+ min ago   (617+ words) A top economist is pushing the Fed to act more aggressively than markets expect next week, and the bond market is already behaving as if it does not plan to wait for the decision. The professional research desk has always…...

2+ day, 9+ hour ago   (707+ words) The man running one of the world's most powerful hedge funds just warned that AI poses a genuine threat to human survival, and his reasoning is hard to dismiss. The professional research desk has always been the part of Wall…...

1+ day, 6+ min ago   (841+ words) Ray Dalio just told millions of LinkedIn readers to rethink the role bonds play in their portfolios, but the advice that sounds like protection from one angle looks like a serious trade-off from another. The professional research desk has always…...

1+ day, 2+ hour ago   (505+ words) If you have a traditional IRA and your income was too high to deduct the contribution, you’ve been quietly building a stash of after-tax money inside a pre-tax account. That stash is called basis, and the only thing separating you…...

2+ day, 16+ hour ago   (726+ words) For years, grandparents with 529 plans followed strict rules to avoid crushing their grandchildren's financial aid, but the rule everyone memorized may no longer apply the way anyone thinks it does. Life After Work desk. Editor: David Beren. This post may…...

2+ day, 23+ hour ago   (752+ words) The Federal Reserve has a narrow path to walk. Inflation remains above its 2% target, oil prices have climbed amid renewed tensions in the Middle East, and an August jobs report showing 162,000 new positions gave policymakers less reason to worry about…...

2+ day, 23+ hour ago   (1001+ words) A $750,000 retirement portfolio and a 5% withdrawal rate sounds like a solid plan until you factor in the one timing risk that can unravel the math before the decade is out, no market crash required. This post may contain links from…...

3+ day, 45+ min ago   (621+ words) Selling a family business to your child without gift tax sounds impossible, but a decades-old IRS-sanctioned structure makes it work. The catch is that one small misstep transforms the whole arrangement into a single taxable gift, with penalties attached. Life…...