Discover an Uncommon Tax-Saving Strategy for Your RMDs
Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a hefty tax bill – which brings us…
Cathie Wood: Trump’s Tax Ideas Echo Early American Principles
ARK Invest CEO Cathie Wood drew parallels between former President Donald Trump‘s economic policies and early American financial strategies during a recent episode of “In the Know,” while analyzing potential…
At 67, Should I Withdraw $218k IRA to Minimize Future RMDs?
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I’m turning 68 shortly and plan to wait to claim my Social Security at…
Mark Cuban: Harris Won’t Tax Unrealized Gains at Arizona Town Hall
Billionaire entrepreneur Mark Cuban made it clear at a town hall in Arizona that he doesn’t believe Vice President Kamala Harris would ever support a tax on unrealized gains. Speaking…
IRS Increases Standard Deduction & Updates Tax Brackets for 2025
As inflation has cooled down, taxpayers can expect to see relatively slight changes ahead in the annual inflation adjustment for tax brackets and some tax breaks for 2025. The Internal…
Ohio Woman Wins $15M Lottery but Faces Huge Taxes – Only $4.5M Left
In a stroke of unbelievable fortune, Jeanne, a Sandusky, Ohio resident, won $15 million in the state’s 50th Anniversary scratch-off game this past June. Describe when Jeanne told the Ohio…