Avoid These Tax Surprises When Selling a Vacation Home How to avoid certain tax surprises when you sell a vacation home. Kiplinger · Jul 21, 2024
Trump Economist Warns Of Biden's Potential Tax Hikes Biden's tax plan under scrutiny for proposed increases in capital gains and corporate taxes, sparking economic debate. Top News · Jul 19, 2024
How to Handle Irrevocable Trust Assets Tax-Efficiently Irrevocable trusts can be structured so that trust property is either included in the potentially taxable gross estate or removed. What are the pros and cons? Kiplinger · Jul 15, 2024
Project 2025 Tax Overhaul Blueprint: What You Need to Know Some people wonder what Project 2025 is and what it suggests for taxes. Kiplinger · Jul 10, 2024
Before Doing a Roth Conversion, Evaluate These Three Thresholds To avoid getting flattened by higher taxes or Medicare premiums related to Roth conversions, make sure you look both ways on your tax rates. Kiplinger · Jul 7, 2024
Three Ways to Pay Less Taxes to Uncle Sam Retirees especially could benefit from these tax-efficient strategies that focus on what you leave your heirs and what kind of accounts your money is in. Kiplinger · Jul 7, 2024
Using Options to Generate Extra Income from Financial Stocks With the market climbing significantly lately, investors might be more focused on generating income rather than capital gains. Covered calls are a great strategy in that case. Barchart · Jul 1, 2024
Should You or the Trust Pay a Trust's Income Taxes? Irrevocable trusts can be set up so that the trust maker no longer pays income taxes, and the taxes are instead paid by the trust. What are the pros and cons? Kiplinger · Jul 1, 2024
If Rachel Reeves hikes capital gains tax, she’ll be more in line with Nigel Lawson than Gordon Brown With Labour heavily predicted to win the upcoming UK election, there has been much talk about future tax plans. The Conversation · Jun 28, 2024
One Retiree's Story of How She Built Her Retirement Nest Egg One way to build wealth is to max out your company’s retirement plans, but doing it in tax-efficient ways can make an even bigger difference. Kiplinger · Jun 28, 2024
Labour drafts options for wealth taxes to ‘unlock’ funds for public services Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussed The Guardian - UK · Jun 21, 2024
Tax-Smart Strategies for Account Withdrawals Understanding the best way to tap your IRAs and other accounts can help you preserve your savings and lower your tax bill. Kiplinger · Jun 19, 2024
What Is capital gains tax? Upcoming changes after Autumn Budget 2024 explained Chancellor Rachel Reeves announces a capital tax gains raid in her Autumn Budget — here’s what it means for you Evening Standard · Jun 19, 2024
Keir Starmer promises no capital gains tax on sales of homes Labour leader rejects ‘desperate’ claim from Tory party that he has secret property tax plans The Guardian - UK · Jun 15, 2024
The Guardian - UK · Jun 10, 2024 Lib Dems to promise overhaul of capital gains tax to raise £5bn for NHS Money raised in manifesto commitment would be used to recruit 8,000 more GPs and speed up cancer treatment
The Guardian - UK · Jun 6, 2024 Campaign catchup: Hester allegations, Labour tax plans, dodgy D-day branding In today’s newsletter: Tory donor Frank Hester returns to the headlines – and Rachel Reeves is under pressure to raise capital gains tax
The Guardian - UK · Jun 6, 2024 Rachel Reeves under Labour pressure to raise capital gains tax to revive public services After ruling out rises in VAT, income tax or national insurance, shadow chancellor said to be weighing other options to raise cash in an autumn budget
Kiplinger · Jun 4, 2024 Why the Attack on 1031 Exchanges Is Likely to Fail (Again) President Biden proposed the same cap on capital gains taxes last year, and it went nowhere. This year will probably be the same, but just in case, here’s what you can do.
The Guardian - UK · Jun 1, 2024 Why Labour must adopt radical new tax policies – including on wealth and capital gains The Brown-era adage ‘Prudence with a purpose’ could be the way to obtain the economic stability that has eluded every UK government since the 2008 financial crisis, say Colm Murphy and Patrick Diamond
Kiplinger · Jun 1, 2024 Five Ways to Catch Up on Retirement Savings If you’re in your highest-earning years, you can make up for lost time.
Kiplinger · May 31, 2024 It’s Not Too Late to Defer 2023 Capital Gains Taxes If you’re sitting on a hefty capital gain, depending on its source, there might still be time for you to defer the taxes through the end of 2026 and perhaps longer.
The Guardian - UK · May 30, 2024 Fiscal tussle: who will win the battle to put up taxes the least? The Conservatives and Labour are embroiled in a fight to woo voters with promises to keep rates of tax low
The Independent UK · May 29, 2024 Angela Rayner ‘cleared by HMRC’ over council house row Deputy Labour leader had faced claims she may have dodged capital gains tax and council tax
The Guardian - UK · May 29, 2024 Angela Rayner cleared by HMRC over tax on sale of former home Exclusive: Document seen by the Guardian says ‘no capital gains tax is due’ from Labour deputy leader and that case is now closed
Kiplinger · May 9, 2024 A Donor-Advised Fund Can Give Your Charitable Giving a Boost Save on taxes and donate more to your favorite charities by using a donor-advised fund, or DAF. Here’s how to maximize your giving with this strategic approach.