How Are Investments Taxed? Reducing Your Tax Bill On Stocks, Options And More

getty Key takeaways You pay taxes on investment profits when you sell an investment or receive an interest or dividend payment If you hold an investment for at least a year, you’ll pay taxes at a lowe...

All About The IRS Tax Inflation Adjustments For The 2023 Tax Year

Getty Images Key takeaways This week, the IRS tax inflation adjustments for the 2023 tax year were released The announcement includes changes in 2023 standard deductions and 2023 IRS tax brackets The ...

Congress Should End Tax Breaks For Gifts To Non-Profits With Political Agendas

This month, The New York Times reported that California businessman Yvon Chouinard, the founder of Patagonia, contributed 98 percent of his $3 billion business, tax free, to the Holdfast Collective, a...