Tag: Individual Tax

There are ways to collect tax-free income and gains, believe it or not. Here are some of the best opportunities to earn tax-free income without current federal income tax implications:

If you’re classified as “high income,” it could mean you owe two additional taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and

Amidst the pandemic, many employees began working remotely and have continued to do so today. Remote work has many advantages for employers and employees, and as a result, it’s here

The complexities of tax law can be difficult and made even more so when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The

Federal estimated tax payments are designed to make sure that certain individuals pay their fair share of taxes throughout the year. You may have to make estimated tax payments if

Many Americans receive disability income. Are you currently receiving disability income, or will you be soon? If this applies to you, you may be wondering: Is the income taxed, and

As a way to help fund college or show their patriotism, savings bonds are purchased by many Americans. Series EE savings bonds, which replaced Series E bonds, were first issued

Getting a divorce certainly entails difficult personal issues, so taxes are probably the farthest thing from your mind when you’re in the middle of one. However, there are several tax

The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a

If you’re a philanthropic individual who has to take required minimum distributions (RMDs) from your traditional IRA, there’s a tax-saving strategy you may want to consider. It involves making a