AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo2 days agoWhat's Happening With the Employee Retention Tax Credit?kiplinger.com - By Kelley R. TaylorThe pandemic-era employee retention tax credit has received much attention lately from the IRS and Congress. What does that mean for your business? In …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo2 days agoNYC Lawsuit Could Cause Property Tax Hikeskiplinger.com - By Katelyn WashingtonOne possible solution to a New York City property tax lawsuit is to increase tax rates on high-value property. New York’s highest court recently gave …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo2 days agoThree Tax-Smart Strategies for Real Estate Investingkiplinger.com - By Dwight KayOpportunity zones, Delaware statutory trusts and real estate income funds can help investors maximize gains and mitigate taxes. Historically, the …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo3 days agoAvoid Surprises: Don’t Procrastinate on Your Taxeskiplinger.com - By Jared ElsonYou really should start thinking about next year’s taxes immediately after filing this year’s. Better tax efficiency could save you some serious …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo3 days agoHow Gig Workers Can Prepare Their Estate and Financial Planskiplinger.com - By David HandlerFreelancers have to be vigilant to keep track of where their money goes, whether it’s to cover daily necessities, saving for retirement or other …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo5 days agoWhy Your Tax Refund Could Be Higher This Yearkiplinger.com - By Katelyn WashingtonThe average tax refund amount is higher this year than last filing season. How does yours compare? The latest IRS data show that the average federal …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logo6 days agoShould You Let the IRS Do Your Taxes?kiplinger.com - By Kelley R. TaylorThe new IRS Direct File program is now open to more taxpayers. You may have heard about a Direct File pilot program launched by the IRS this tax …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logoUtah Tax Cut Will Save Most Taxpayers $2 or Less per Weekkiplinger.com - By Katelyn WashingtonA recent Utah tax cut slashed the income tax rate for 2024, but high earners are the only ones expected to save significantly. A Utah tax cut passed …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logoNon-Eligible HSA Expenses: When a Doctor’s Note Isn’t Enoughkiplinger.com - By Katelyn WashingtonSome companies are misleading consumers into purchasing non-eligible HSA products, which if claimed on your tax return, could eventually be …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logoThe Price of Filing Taxes With a Professional is Risingkiplinger.com - By Sandra BlockFree tax preparation options are available, but read the fine print. Federal income tax rates didn’t increase in 2023, so if your personal finances …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logoHow Retirees Can Minimize the Net Investment Income Taxkiplinger.com - By Derek A. MiserOne strategy is to consider your filing status, which can affect the net investment income tax (NIIT) that successful retirees pay on certain …
AvatarKiplinger Personal FinanceFlipboardIcon version of the Flipboard logoRoth Conversions: Convert Everything at Once or as You Go?kiplinger.com - By Mike DeckerTwo hypothetical examples of Roth conversions made at different times (all at once vs as you age) show a stark difference in what could be left for …