Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

It’s that time of year again. No, we’re not talking about sleigh bells or the guy with the beard and the sack full of toys. We’re talking about tax time.

With 2017 quickly coming to a close, Uncle Sam is starting to lick his lips when it comes to getting his share. Year-end is especially critical for investors as it brings plenty of pitfalls, challenges and potential headaches.

But it doesn’t have to be that way.

There are ways to reduce your taxes now. And the folks at investment manager BlackRock offer several tips on just how to lower your portfolio taxes before you get that big bill in April. And given that 44% of investors say that taxes are the cost that matters most to them, we might want to listen to their advice.

Paying More

When it comes to investing, it isn’t what you make, but what you keep. Taxes are one of the biggest headaches and expenses we all have to face. And holding on to more of your money for additional compounding and dividends is critical to securing long-term gains. This is why stuffing your IRAs, 401ks and other tax-deferred/tax-free accounts is critical. But for those holding investments in taxable accounts, investors don’t always know what kind of tax bill they are going to face.

To read the Full Story, Go Premium or Log In

Popular Articles

Dividend University

Is Dividend Investing Good for Millennials?

The transition from the classroom to the workforce has been a difficult one for the average...

Premium Shutterstock 338719160
News

Looking for Dividend Growth? Get Stuck in the Middle

Ask any dividend investor what kind of stocks fill their portfolios and there’s a good chance...

Premium Shutterstock 332333606
News

Get Ready for ‘Mixed Economic Signals’

Data. In the long run, it’s one thing that can truly move the market.

How investors react and...