It is possible to pay 0% capital gains tax on long-term investments. Learn how this thirty-something entrepreneur made it work.
Tax Planning
Tax Treatment of Home Energy Rebates
The IRS has provided guidance on the federal income tax treatment of certain home energy rebates offered by states, with funds provided by the U.S. Department of Energy. Here’s what you need to know.
IRS Delays RMD Clarity for Inherited Retirement Accounts (Again)
Retirement plans usually require that minimum distributions be taken each year after a certain age. This includes Inherited IRAs, but these laws keep changing. Now, the IRS has again delayed a decision around this timeline. Here’s what you need to know if you are the beneficiary of an Inherited IRA.
Retirement Plan Contribution Deadlines
As the tax filing deadline approaches, it is important to understand the deadlines for retirement plan contributions. Depending on your retirement plan type, the contribution deadline may differ.
Navigating Tax Payments in Retirement: Estimated Taxes and Alternatives
Retirement changes your income – and your tax obligations. But retirement won’t eliminate your tax obligations. Learn who needs to make estimated tax payments in retirement, and some tips for avoiding it.
2023 Tax Documents from TD Ameritrade and Charles Schwab
Tax time is quickly approaching. The IRS announced it will begin accepting and processing 2023 tax returns on January 29, 2024. Here is an update on when you can expect to receive tax documents from Charles Schwab and TD Ameritrade.
Did You Make a Qualified Charitable Distribution in 2022?
Did you make a Qualified Charitable Distribution in 2022? Keep reading, because how you report it matters.
2022 Year-End Tax Planning Tips
Here’s a look at some year-end tax planning strategies you should consider before 2022 closes.
Property Tax Update
Learn how some taxpayers can offset local property taxes using the State’s new ANCHOR program.
Watch Out for These Common Tax Scams
Financial scams occur all year round. But tax season brings a new wave of tax scams every year. Here are some common tax scams to watch out for.
Federal Tax Filing Season Has Started
The federal tax filing season has started. Here are some tips to make filing easier.
2021 Year-End Tax Planning Tips
Year-end tax planning may look different this year, pending new tax laws. Here are some strategies to consider.