Tuesday, November 16, 2010

Help with the Tax Pinch Right Under Our Noses...

     Last Month, we were beginning the talk of what a pinch Taxes for the year were going to put in our pockets.  Even with the "Heroes" now in Congress, taxes are still a major pain.  Income/Property/Profits, take your pick and it still adds up the the same thing; a dent in the budget. 
     That's when we took a look at the "Holding" Accounts we had and all those Divs coming in.  By Cashing Out the Last Q's Divs for the year, we could mitigate the out-of-pocket expenses of the Tax Burden.  Now, it's not exactly a Strategy one must attenk Wharton for, but it is a pretty good idea.
     Hell, if we don't blow the proceeds on Christmas Shopping, we'll have a nice Tax Fund.  And really, if we were taking them for Christmas Shopping; we wouldn't have done very well this year...
(Hey, don't forget to put the Accounts back on Rollover
after the New Year!!!)

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