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Taxes
Tax Deferred vs. Tax Exempt Retirement Accounts
The most common form of retirement account is tax-deferred. This refers to portfolios which allow…
How Much Can You Inherit Without Paying Taxes?
An inheritance can offer helpful financial support, but it may also come with tax considerations.…
Tax Refunds Creep Towards $100 Billion As Tax Filing Season Marches On
The IRS officially opened tax season more than a month agoâon January 29, 2024âand as…
Do I Have to Worry About Taxes if I Loan a Family Member $45,000?
Itâs common for family members to lend money amongst themselves, and many choose to charge…
BOXXâs Tax Gimmick Violates Congressâ Rules On Conversion Transactions
Bloomberg recently reported on an exchange-traded fund (ETF) with the ticker symbol BOXX. The ETF…
Tax Credits You Can Use to Reduce Your 2024 Taxes
Tax season has arrived, and when it comes to preparing your return remember this: deductions…
Ruling That Corporate Transparency Act Is Unconstitutional Could Benefit 65,000 BusinessesâOr More
Days after an Alabama U.S. District Court judge ruled the Corporate Transparency Actâsometimes called the…
What States Have a Flat Income Tax?
While the federal government applies a consistent tax system to every citizen, states have tax…
Understanding Your Form 1040
Top tax professionals will tell you that effective tax planning needs to be proactive, not…
Tax Deferred vs. Tax Exempt Retirement Accounts
The most common form of retirement account is tax-deferred. This refers to portfolios which allow…
The IRS Improves Its âWhereâs My Refundâ Tool
The IRS has made improvements to its refund tracking tool that should help taxpayers better…
How to Make a Charitable Gift From Your IRA
Each year, you can make a tax-free charitable gift from your IRA or certain other…
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