Health Savings Accounts (HSAs) are tax-advantaged accounts that allow individuals to save for medical expenses. HSA contributions are tax-deductible, and the funds in the account grow...
Posted by Pat Raskob on 05/31/2023
Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
The unique feature about a private pension is that you set it up and save money. The worth of the pension depends on the amount of funds you have put into it and the performance of...
Posted by Dennis Jao on 05/26/2023
The Alternative Minimum Tax (AMT) is a federal tax system designed to ensure that high-income individuals pay their fair share of taxes. The AMT was introduced in 1969 to target high-income...
Posted by Taxes Made EZ Inc on 05/16/2023
Investing is one of the most popular methods for growing wealth, and it is an excellent way to save for long-term goals such as retirement. However, when it comes to investing, taxes...
Posted by Tiffany Gaskin on 05/16/2023
When it comes to student loan repayment, married couples face unique challenges. The decision to file taxes jointly or separately can significantly impact the amount of taxes owed...
Posted by Dennis Jao on 05/08/2023
As a business owner, it is crucial to be aware of the various tax credits available to reduce your business taxes. Tax credits are a form of tax relief that allows you to reduce your...
Posted by Tiffany Gaskin on 05/08/2023
Employee Stock Ownership Plans (ESOPs) have become an increasingly popular way for companies to share ownership with their employees. An ESOP is a tax-qualified retirement plan that...
Posted by Tiffany Gaskin on 04/30/2023
Every business is out to make returns on investment, including stocks portfolio. But these dividends from stock are not equal, resulting in different treatment when it comes to taxation. Uncle...
Posted by Tiffany Gaskin on 04/27/2023
