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Scott Henvey: Sep 6, 2022 3:14:29 PM
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment...
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Scott Henvey: Jul 11, 2022 2:48:48 PM
The GST tax and your estate plan: What you need to know Here’s a not-so-fun fact: The generation-skipping transfer (GST) tax is among the harshest...
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Maurice La Verdure: Apr 11, 2022 11:45:40 AM
Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for...
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Scott Henvey: Mar 9, 2022 11:00:00 AM
Despite the robust job market, there are still some people losing their jobs. If you’re laid off or terminated from employment, taxes are probably...
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Maurice La Verdure: Feb 16, 2022 3:27:06 PM
If you’re in business for yourself as a sole proprietor, or you’re planning to start a business, you need to know about the tax aspects of your...
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Scott Henvey: Feb 16, 2022 3:24:42 PM
If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what...
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Maurice La Verdure: Feb 16, 2022 3:23:10 PM
If charitable giving is important to you, consider a donor-advised fund (DAF). A DAF — typically sponsored and managed by a community foundation or...
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Scott Henvey: Feb 16, 2022 3:21:30 PM
Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However,...
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Maurice La Verdure: Feb 16, 2022 3:19:32 PM
If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation.
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Scott Henvey: Jan 20, 2022 11:00:00 AM
Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensation...
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Maurice La Verdure: Jan 18, 2022 11:00:00 AM
A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you die. But if a family member...
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Scott Henvey: Jan 12, 2022 3:41:53 PM
You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not easy. Medical...
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Maurice La Verdure: Jan 12, 2022 3:39:02 PM
The “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly designed charitable remainder...
