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I Won the Lottery! How Bad Are Taxes Going to Be?
SmartAsset via Yahoo Finance· 12 hours agoBefore you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on...
You Bought Gold at Costco. What Are the Taxes When You Sell It?
The Wall Street Journal· 5 days agoGold is glittering. Many buyers don’t know or care about taxes on gold sales, because they see their...
Beware the retirement savings 'time bomb,' tax expert warns
Yahoo Finance· 2 days agoOnce you're in RMD territory, you must take that RMD, and that...). Give the charity your taxable...
Kokua Line: Can I take written portion of driver’s test online? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 1 hour agoQuestion: Is it possible to take the driver’s test online? My oldest son did that in California, but...
LETTER: Trump tax cuts by the numbers
Las Vegas Review-Journal· 2 days agoTrump left office. Income data published by the IRS clearly shows that, on average, all income brackets — not just the top 1 percent — benefited...
Tax Breaks: Tax And Financial Literacy Matters
Forbes· 4 days agoThere are a lot of factors to consider, including whether an LLC or an S Corp will enable the creator to benefit from savings on federal income tax...
Roth in Reality | PLANADVISER
PLANADVISER· 2 days agoPlan advisers and sponsors facing implementation of new rules outlined in the SECURE 2.0 Act of 2022 are up for a challenge— and experts say they’ll need further guidance from the IRS ...
Gov. Josh Green signs largest tax cut bill in Hawaii's history
KITV Honolulu· 1 day agoHawaii is going from one of the highest-taxed states in the country to one of the lowest. On Monday,...
Capitol Notebook: New study touts benefits of Iowa tax cuts
Quad-City Times· 1 day agoA study from a pro-business think tank says Iowa’s state income tax cuts will create an estimated...
Can I Deduct My 401(k) Contributions From My Taxes?
SmartAsset via Yahoo Finance· 6 days agoPlanning for retirement requires us to consider not only how to build wealth but how to protect it. Employers offer 401(k)s to address the first need,...