September 5, 2014
Are you trying to determine whether or not all of your income is taxable? While the IRS considers most types of income to be fully taxable, there are certain instances where your income may not be subject to tax.
August 10, 2014
As many are still recovering from the Great Recession, the idea of having income (or even excess income) subject to tax is the last thing people want to think about.
Generally, tax law defines income as “undeniable accessions to wealth”...
April 5, 2013
NEW YORK (MainStreet) — We’ve all heard the slogan "What happens in Vegas stays in Vegas." When it comes to an IRA, the same rule applies for income tax...
February 28, 2013
When you receive a windfall — whether it’s an inheritance from a relative, winnings from the lottery or gambling, or proceeds from a legal settlement...
January 24, 2013
Experienced money managers like to say you shouldn't "let the tax tail wag the investment dog," meaning you shouldn't let concerns about the tax effects of an investment drive your buy and sell decisions.
That is probably good advice, but...