Are you busy with last minute tax preparations for 2014? Or maybe you have already submitted your taxes, but you’re thinking about how you can maximize your deductions for 2015?
There are many things to consider when it comes to taxes, especially when you add investments into the mix.
Do you know what tax-advantaged investment options are available to you? Do you know the difference between a traditional IRA vs. a Roth IRA?
If you’re self-employed, what are your retirement investment options? And how will you save for your children’s college education?
Topics like taxes and investing can be very intimidating. But it is SO important to take the time to learn how one affects the other. When you’re informed, you’ll be able to make better decisions when it comes to tax-advantaged investments, like retirement, health savings accounts, and educational savings accounts.
In fact, a recent E*TRADE StreetWise survey of experienced investors revealed that while many investors are tax conscious, most are not using all the tools available to them to limit the amount of taxes they pay each year on investments.
So with tax season in full swing and April 15th just around the corner, E*TRADE would like to help you make better decisions. Their extensive Tax Center and E*TRADE Education Center offers a number of easy-to-use tools and resources to help investors better understand and manage their finances in a tax-efficient way.
E*TRADE’s Tax Center provides an array of tools and resources for E*TRADE customers, all in one place, including important information on everything from cost basis reporting and tips on managing capital gains and losses, to frequently asked tax questions.
The E*TRADE Education Center offers a host of educational tax resources that are available to all investors even if you are not a current E*TRADE customer. The information is FREE to anyone, and you don’t even need a log in to have access to the content.
The comprehensive center includes many helpful tax resources. Here’s just an example to check out:
The 2015 Tax Fact Sheet and Calendar. I thought this was very helpful. Every thing from contribution limits and important tax dates to remember are all in one place.
- 2014 Year End Tax Planning Resources
- Tax Planning for Specific Types of Investments
- Deducting Your Donations
- Give to Charity; Slash Your Tax Payment.
- When You Should Save in a Taxable Account
- and SO much more.
No matter what your current situation is, it is always smart to stay informed. The free E*TRADE Education Center can empower you to become the investor you want to be.
Disclaimer: I am not a financial or tax professional. Please consult your own tax adviser regarding your personal situation.