Max drag with yellowfins quickens fight time and prevents lactic acid buildup, which can affect meat quality. One other scenario that no angler asks to be a part of, but which does happen from time to time, calls for reeling in a marlin or swordfish that dies during the fight.
ENLARGE. James Kaczman. Donate appreciated stock to charity: You also can give appreciated stock to charity. If you've held it for more than one year you may take a charitable tax deduction for the market value of the stock, and neither you nor the charity has to pay capital-gains taxes when the stock is sold.ere are three tax-efficient ways to spread the wealth: Give appreciated stock to individuals: You can give up to $14,000 each to any number of recipients this year without incurring federal gift taxes.
By now most of us know that an IRA is a good investment for retirement, but it also saves a big chunk of money on your tax bill. Emily Brandon, writing for US News, explains: Workers can contribute up to $5,000 to an IRA in 2012, or $6,000 if they are age 50 or older.The tax savings from making an IRA contribution in April can be enormous.If an employee who is in the 25 percent tax bracket contributes $5,000 to a traditional IRA, he will save $1,250 on his current tax bill.y now most of us know that an IRA is a good investment for retirement, but it also saves a big chunk of money on your tax bill. Emily Brandon, writing for US News, explains: Workers can contribute up to $5,000 to an IRA in 2012, or $6,000 if they are age 50 or older.