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Tax breaks after 50 you might not know about
AOL· 6 days agoTax Credit for the Elderly or Disabled...Elderly or Disabled allows low-income Americans ages 65 and older to claim a...re eligible at all — can get...
Whatever your income, tax planning can take jolt out of return-time 'surprises'
Florida Today via Yahoo Finance· 6 days agoWhen you have a required distribution, you can satisfy the first $100,000 this way, and pay ordinary...
I'm Going to Get $2,500 per Month From Social Security. How Can I Reduce My Taxes?
SmartAsset via AOL· 7 days agoTaxes can be a big concern in retirement because no matter how well you've saved and invested during your working years your challenge is to keep as much of it as possible. That means structuring ...
This retirement account can be 'triple-tax efficient' for teens this summer, advisor says
CNBC· 11 hours agoRoth IRAs are funded with after-tax dollars, but teens often earn less than the standard deduction,...
I'm 64 With $650k in an IRA. Should I Start Converting to a Roth to Avoid RMDs?
SmartAsset via Yahoo Finance· 2 days agoYou can reduce the impact that taxes have in retirement by converting pre-tax savings into Roth...
Weekly IRS Roundup May 6 – May 10, 2024 | JD Supra
JD Supra· 7 days agoRevenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified required minimum distributions ...
Editorial: How to fix America’s cruel & unusual tax code
Boston Herald· 4 days agoRevenue Service recently piloted a program to help Americans cope with their notoriously complex tax...
A few notes on qualified charitable distributions from IRAs
The Argus-Press· 1 day agoFor tax-free eligibility, the Qualified Charitable Distribution (QCD) must be sent directly from the...
How to start an LLC in Vermont: A simple guide
CNN.com· 4 days agoKeep reading to learn how to start an LLC in Vermont, including the requirements, steps and tax considerations you’ll need to know to get going.
What Is A Custodial Account?
Time Magazine· 5 days agoIf you'd like to start saving for college for your kids or simply give them a financial leg up, you might consider opening a custodial account—an...