Understanding tax strategies and managing your tax bill should be part of any sound financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.
Have A Question About This Topic?
Here’s what you need to know about recently increased limits for gifting, retirement contributions, and more.
Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.
Don’t just write a check to your favorite charity: These tax-advantaged strategies can give you more bang for your buck.
With gifting, you can transfer wealth to your loved ones tax-free while you’re still around to see them enjoy it.
Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.
Although there are more IRS agents in the Inflation Reduction Act, there are also more credits and opportunities to utilize.
Have you explored all your options when it comes to managing your taxable income?
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.
Too often, taxes are only thought of once or twice a year