Most investors pay thousands more in capital gains taxes than necessary because they don't harvest losses strategically. Tax loss harvesting lets you offset gains by selling losers, saving $3,000+ annually. Here's the complete strategy including wash sale rules, robo-advisor automation, and when to harvest manually versus automatically.
Most parents don't realize 529 college savings plans offer immediate state tax deductions—up to $10,000 or more in states like New York and Illinois. Here's the complete 2026 guide to maximizing tax benefits, which states offer the best deductions, and strategic contribution timing for families planning education expenses.
Self-employed workers and freelancers can contribute up to $69,000 to a Solo 401k in 2026—nearly 10x more than a regular IRA. This includes both "employee" and "employer" contributions you make to yourself. Here's how to set one up, which provider to choose, and how to maximize contributions.
Choosing between Roth and Traditional IRAs isn't about which is "better"—it's about tax arbitrage. For high earners, the decision hinges on whether your tax rate today is higher or lower than retirement. Here's the actual math with scenarios showing when each strategy wins, including the backdoor Roth wildcard.
Remote work deductions could save you $1,500-3,000 annually—but W-2 employees and 1099 contractors have completely different rules. Learn what you can actually deduct, how to calculate home office expenses two ways, and avoid audit triggers. Includes state-specific requirements and real-world examples from high earners.
High earners over $161K can't contribute directly to a Roth IRA—but the backdoor method lets you contribute $7,000 tax-free anyway. Learn the two-step process, avoid the pro-rata rule trap that costs thousands, and execute a clean conversion. Includes step-by-step guide with real examples from high earners.
