Archive - December 17, 2012

1
What Is A Stock Split And How Does It Impact Cost Basis (Your Taxes)?
2
Money And Children – Teaching Kids To Manage Cash
3
How To Give To Charity Wisely And Well

What Is A Stock Split And How Does It Impact Cost Basis (Your Taxes)?

Chances are, if you invest in a growing company over a long period, you will experience a stock split. But what exactly is a stock split and how does it impact your cost basis, which is used to calculate capital gains taxes?

There are two types of stock splits: forward and reverse. The most common is a forward split, where a company splits its stock into smaller pieces. Splits are denoted in ratios. For example, a two for one split is shown as 2:1. For example, if you have 100 shares of Intel (INTC) stock, worth $100 a …

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Money And Children – Teaching Kids To Manage Cash

The ability to manage cash flow is an extremely important skill for everyone. If you can help your children develop this skill you will give them something that will benefit them for the rest of their lives. The first problem in teaching this skill is that kids have no cash to manage. So how do you do it?  Give them a bit of income. Yep, give them an allowance. The allowance is one of the strongest teaching tools you can deploy in teaching your children good money skills.

The allowance gives you, the parent, a way to teach basic cash …

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How To Give To Charity Wisely And Well

Giving to charity has never been easier. You can donate the old-fashioned way–by mail–but you can also donate online, by text, or through social networking sites. According to the National Center for Charitable Statistics, over 1.4 million nonprofit organizations are registered with the IRS. With so many charities to choose from, it’s more important than ever to ensure that your donation is well spent. As you consider year-end giving, here are some tips that can help ensure you are both a generous and wise donor. Choose your charities

Choosing worthy organizations that support the causes you care about can be …

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