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Tax Planning Tips For High-Income Earners

February 2, 2015

Although there were no major new tax-law changes this year doesn't mean accountants and financial advisors are happy about the higher taxes their clients are now paying. CLICK ON THE HEADLINE FOR MORE

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Student Loan Repayment May Force Some To Take On More Debt: SurveySeptember 25, 2023 - 11:43 pm
Student loan forbearances brought relief for millions during the uncertain times of the COVID-19 pandemic. But after more than three years, many consumers are now bracing for significant adjustments to their household budgets. Many will even have to delay major life plans and milestones in order to manage their student loans, existing debts and other day-to-day expenses.
Four Year-End Tax Tips To Get On Track For 2024September 19, 2023 - 2:36 am
It’s a great time to start thinking about your taxes. There are four tips that can help you get on track for 2024.
How You Can Avoid A Tax Refund Shock Next YearSeptember 11, 2023 - 12:41 pm
One way Americans can avoid being caught off guard next tax season is by conducting a thorough review of their tax return alongside a mid-year review of their income so far in 2023. Undergoing a mid-year assessment can help taxpayers estimate how much they will receive in tax refunds or what sort of balance they will owe next tax season.
44% Of Savers In Their 20s And 30s Want To Retire By 60, But Few Are On Track—See How You Stack UpSeptember 4, 2023 - 2:28 pm
Many younger Americans currently aren’t on track to retire at the current full retirement age of 67, let alone at 60. Wondering how you stack up? Here’s how financial pros say you can calculate whether or not you’ll be able to retire when — and how — you want.
IRS Warns Of This Dangerous Scam That You May Fall Victim ToAugust 28, 2023 - 6:28 pm
There are plenty of accounts pretending to be the IRS and sending direct messages to people. As a result, the IRS is telling people not to engage with social media accounts pretending to be the organization.
Personal Loan Interest Rates Surge For 3- And 5-Year LoansAugust 21, 2023 - 8:39 pm
Whether a personal loan is right for you often depends on multiple factors, including what rate you can qualify for. It’s always a good idea to comparison shop. By comparing multiple lenders and their rates could help ensure you get the best possible personal loan for your needs.
Help Your Kids With Finances Without Jeopardizing Your OwnAugust 14, 2023 - 10:29 pm
For an increasing number of parents, supporting their adult children means providing financial assistance, even if it means they are putting their own financial security at risk. Financial experts say that such sacrifices are dangerous for both parents and children. If the parents run out of resources in retirement, they may end up putting an even greater financial burden on their children.
Should You Tap Home Equity To Pay Your Bills?August 7, 2023 - 9:08 pm
Some people may be tempted to use the equity they have built in their home to eliminate the outstanding debt. But is that a good idea? Before making such a move, it is important to understand the pros and cons of using home equity.

Tag Archive for: taxable brokerage accounts

Tax Planning Tips For High-Income Earners

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