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I Want to Convert $865k to a Roth IRA. How Do I Avoid Paying Taxes?
SmartAsset via Yahoo Finance· 10 hours agoConverting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits –...
Illinois residents can claim a bigger state tax credit next year under the new budget
Chicago Sun-Times· 13 hours agoA tax credit used by millions of Illinois residents that lawmakers quietly pared back last year is...
Illinois will soon have a new child tax credit program. Here's how much you could get
NBC Chicago· 5 days agoIllinois' new budget, which is now headed to the governor's desk waiting to be signed, includes a...
Your taxes will likely have to go up, despite Biden’s $400K pledge
Market Watch· 4 hours ago“You’d not just be testing the limits of political feasibility,” he told MarketWatch, “but there’s...
Doctor who claimed COVID vaccines made people magnets is sued for ‘failing to pay $650K in taxes’
The Independent via Yahoo News· 52 minutes ago“This shows what the IRS can do to a person that they target,” she told Cleveland.com's...
New Colorado tax credit could lift 50,000 children out of poverty, is latest to tap TABOR surplus
Greeley Tribune· 1 day agoBoasting that child poverty in Colorado would soon be cut nearly in half, Gov. Jared Polis on Friday...
Hyundai IONIQ 5 to gain $7,500 tax credit with U.S. production at new Georgia plant
CBT News· 9 hours agoThe IONIQ 5 will be the first EV produced at Hyundai’s new $7.6 billion EV and battery plant in...
My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains. How Can I Mitigate...
SmartAsset via Yahoo Finance· 5 hours ago-David As capital gains distributions are unpredictable and usually unknown until … Continue reading...
Mass. House dumps real estate transfer tax, keeps ‘granny flats’ in $6.2B housing bond bill
The Republican· 8 hours agoDemocrats who control the Massachusetts House of Representatives will seek a vote this week on a...
JD Supra: IRS Issues Final Regulations on Tax Credit Transfers
JD Supra· 1 day agoTreasury and the IRS confirmed that, if a partnership has not elected direct pay for credits pursuant to Sections 45V, 45Q, or 45X, it may qualify as an eligible taxpayer ...