[ad_1] Listen to article (1 minute) What do I need to know about withholding and estimated taxes? The U.S. income tax is a pay-as-you-go system. The law requires most employees…
Tag: Direct Taxation
What the 2024 Capital-Gains Tax Brackets Mean for Your Investments
[ad_1] Listen to article (1 minute) Investment income is treated differently from wages by the tax code. There is a separate set of tax brackets and rates for long-term capital…
What the 2024 Tax Brackets Mean for Your Money
[ad_1] Listen to article (1 minute) Your tax bill is largely determined by tax brackets. These are really just ranges of taxable income. As your taxable income moves up this…
The Surprise Bill Coming to Those Who Underpay Their Taxes
[ad_1] Failing to keep up with tax payments now could lead to an expensive surprise come next spring. As of Oct. 1, the Internal Revenue Service is charging 8% interest…
The Estate Taxes Catching Americans by Surprise
[ad_1] Seventeen states and the District of Columbia have estate or inheritance taxes or both. The rules can change from year to year. [ad_2] Source link
Inflation Causes IRS to Raise Tax Brackets, Standard Deduction by 5.4%
[ad_1] Here’s an upside to persistent inflation: More of your income will be taxed at lower rates next year. The Internal Revenue Service announced its annual inflation adjustments to federal…
Tax Moves to Consider Now Before 2017 Cuts Expire
[ad_1] The Trump-era tax cuts will phase out at the end of 2025 unless they are extended. Financial advisers say now is the time for retirees—and near retirees—to start planning…
The Moves Wealthy Families Are Making to Skirt Estate Taxes
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