7 tax moves investors should make before 2014

You've got a few weeks left to net some serious savings. Here are some good ways to start.

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4Comments
Dec 14, 2013 6:07PM
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The article missed one, sort of.  We annually give a gift to our small local hospital.  This year we gave stock instead of cash for which we had a zero cost basis through a demutualization years ago.  We in turn get to write off for the sale price average for the day it sold.  Great deal all around as the hospital sold the stock at a record high.
Dec 14, 2013 6:46PM
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If you find yourself in a position where you're able to itemize this year, perhaps because of large medical/dental bills, you might want to also pay your next years property tax bill before the new year.  Then you can deduct that as well.  We did that a few years back when my wife had $25,000 worth of dental work done.  Otherwise we would not have been able to itemize and wouldn't have gotten to deduct the property tax bill.
Dec 14, 2013 5:57PM
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"Make a large contribution to a health savings account- uncertainty surrounding Obamacare complicates matters in 2014. Assuming no changes to the Affordable Care Act, HSAs still will be available", seriously illegal changes are made to obamacare everyday.  As for pushing stock gains into next year and losses into this year - once the federal reserve stops printing money and dumping it into treasury bonds the market will crash making 1929 look like the good old days.  Even a rumor the feds might stop buying treasury bonds causes the market to drop.
Dec 14, 2013 3:43PM
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If we can all get CONgress to approve a FORCED PURCHASE inshawance policy for each of us to sell, we might all be millionaires in a few days.  I want mine to be a life policy.  It will only cost 10 dollars a month and it might say it will pay without questions to the policyholder upon receiving a death certificate for ANY reason if the insured meetts the requirements of the policy.  Of course, nobody gets a policy until after they have made a premium payment.  In the policy, when it is issued a month after receiving the first month's payment, one may find in the little print the policy pays a maximum benefit of 4 dollars and one must die on the 31st day of February.  No exceptions to these requirements.
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