When you’re looking for an investment that will be used to provide someone with an income when they retire, there are two key factors that you should consider: the investment and income must be tax ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

While supporters of an extension to the 2017 Tax Cuts and Job Act say that the tax cuts paid for themselves, experts say that ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter and year ended December 31, 2024.

Moving states can sometimes pay off during tax season. This was certainly the case for Amazon founder Jeff Bezos, who saved an estimated $1 billion in taxes in 2024 by moving from Washington ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

Bonds often offer higher yields than REITs. But click here to read why long-term investors should avoid bonds and invest in ...

As a real estate investor himself, President Trump appears poised to preserve the tax-deferring power of this strategy. But ...