Tag Archive for: income tax

Higher Taxes And Lower Interest Rates Are Ahead. What Advisers Say To Do

Not only will returns on savings likely drop in the wake of the Federal Reserve's recent rate cut, but thanks to the upcoming expiration of the Trump tax cuts at the end of next year, savings could be taxed more on interest earned. Advisers say, however, there are ways Americans can counter higher taxes and lower interest.

Surprise! Four Things You Didn’t Know Were Taxable

There’s precious little time left to prevent unwelcome tax surprises next April. For four kinds of income that people routinely think they don’t have to report, CLICK ON THE HEADLINE

Test Your Tax IQ Before The Presidential Election

With the November election approaching, now is a good time to evaluate the candidates’ positions on taxes. CLICK ON THE HEADLINE FOR MORE

8 Surprising Things That Are Taxable

Technically, under Internal Revenue Code Section 62, the IRS can find a way to tax almost every way of receiving money. For a heads up on what unusual monetary situations are taxable, and what you should be reporting when you file, CLICK ON THE HEADLINE