A woman ponders her retirement plan while sitting in a cafe. T. Rowe Price studied alternative withdrawal strategies suited for retirees with a primary focus on meeting their spending needs, as well a...
Tag: Taxes
How to Handle the Taxes on the AT&T Spinoff of Warner Bros.
Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...
Did you donate last year? Here’s what is deductible on taxes.
Editor’s note: This article was originally published Dec. 8, 2021. Find more USA TODAY tax season coverage here. Charitable giving during the holiday season this year takes on a new, happier mea...
Indian Lawmaker Calls For Higher Taxes On The Crypto Market ⋆ ZyCrypto
Advertisement     An Indian lawmaker has asked for higher crypto gains and GST tax. The government is yet to decide on a regulatory approach for the nascent market. An...
Retired? Here’s when you don’t have to file your taxes – and when you do
Not all seniors need to file a tax return, but others may incorrectly think they fall in this category – don’t make that mistake. Retirement Tip of the Week: If you don’t plan to file a tax return th...
Crypto Taxes Drive Indian Crypto Exchanges To Loss of Transaction Volume ⋆ ZyCrypto
Advertisement     In the first two days after the newly-introduced crypto taxes became effective on April 1, Indian cryptocurrency Exchanges have registered a drastic ...
Top Tax Write-offs for the Self-Employed
With self-employment comes freedom, responsibility, and a lot of expense. While most self-employed people celebrate the first two, they cringe at the latter, especially at tax time. They might not be ...
If You Hold Crypto For Someone Else, Can IRS Collect Taxes From You?
MORGANTOWN, WV – 31 DECEMBER 2017: Ethereum or ether coin lying on top of similar golden coins to … [+] illustrate cybercurrencies getty It’s tax time, and crypto gains can be painfu...
This Indian MP Wants Crypto Taxes Increased By 50%, But Why?
Member of Parliament in the Rajya Sabha and Indian politician, Sushil Kumar Modi has presented a proposition that taxes on cryptocurrencies should be raised from the current 30% to 50%. Sushil Modi re...
A Mom Who Died Still Needs Taxes Filed. Here’s How to Handle the Tricky Process
Dreamstime.com Text size Have a question about saving for retirement or your personal financial situation? Whatever the question, Barron’s Retirement can try to help. Email [email protected], and...
UK to Review Crypto Taxes and Plans Crypto Bonds While Chancellor to Mint an NFT – Trustnodes
The chancellor from the block, although a new one, Rishi Sunak, has announced his “ambition to make the UK a global hub for cryptoasset technology.” “We want to see the businesses of tomorrow – and th...
Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May – Taxes Bitcoin News
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchase...
Nice Surprise: The IRS May Want to Give You Money This Year
If you paid for daycare, health insurance, or your kid’s college tuition in 2021, you may be eligible for a fat credit on your 2021 taxes—even if you haven’t qualified in past years. A number of credi...
Are State Tax Refunds Taxable?
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a F...
TurboTax: 5 Hidden Ways to Boost Your Tax Refund
Subscribe: Apple Podcasts | Spotify | iHeartRadio While Americans may disagree on how the government spends their taxes, at tax time, many of us are looking for ways to pay no more than we owe — or ev...
Indonesian Trade Ministry Implements New Crypto Taxes Following Surge in Transaction Volume
An Indonesian tax official announced on Friday, April 1, 2022, that the government would begin charging value-added tax (VAT) on crypto transactions and 0.1 % income tax on capital gains from crypto i...
How Can I Maximize Growth and Minimize Taxes in Retirement?
Tanza Loudenback, CFP® Are there investment strategies that take into consideration growth and taxation post-retirement?– Julie One of the keys to maximizing growth and minimizing taxes in retirement ...
9 Top Tips For Filing Your Crypto Taxes in 2022
Tax season is upon us—the filing deadline to submit 2021 tax returns and pay tax owed is April 18, 2022. The IRS now asks all Americans to declare whether they’ve had crypto dealings or not. “At any t...
How the Secure Act Could Trigger Higher Taxes for Some Retirees
Text size Delaying required minimum distributions of tax-deferred accounts, as proposed in the Secure Act 2.0, could be a mixed blessing for retirees. Lightfieldstudiosprod/Dreamstime At first glance,...
Why Biden’s billionaire minimum income tax may be a tough sell
Josh Gottheimer, D-N.J., talks to reporters in Washington, Nov. 4, 2021. Elizabeth Frantz | Reuters President Joe Biden has proposed a new tax on the ultra-wealthy as part of his 2023 federal budget, ...
Rio de Janeiro Permits BTC Payments for Real Estate Taxes
If you’re a bitcoin lover and you own real estate in the city of Rio de Janeiro, Brazil, there’s a good chance you’re feeling pretty lucky right about now. The city government has announced that those...
How Crypto Tax Software Can Simplify Your Taxes
This post is part of The Rollup, Decrypt’s curated collection of stories presented in partnership with Koinly. If you currently hold cryptocurrency in your portfolio or you have traded crypto ov...
Nathan Lewis’s ‘The Magic Formula’
The economic discussion would be greatly improved if it were passably understood that what we call “the economy” isn’t some living, breathing machine that can be engineered. An “economy” is just peopl...
Retirement-Reform Bill Could Slash Taxes
Congress is working on some major revisions to the 2019 law that overhauled retirement tax rules for older Americans – and the changes could mean big savings for your investment portfolio and nest egg...
Sen. Elizabeth Warren says billionaires should pay more taxes to help the ‘next Elon Musk
Elon Musk and fellow billionaires should pay it forward in taxes to support the next generation of entrepreneurs who can make a difference, Sen. Elizabeth Warren, D-Mass., told CNBC on Tuesday. “...
Biden’s Wealth Tax Proposal Would Target More Than Billionaires
Text size President Joe Biden’s new budget proposal includes a wealth tax it says would target the top 0.01% of households. Anna Moneymaker/Getty Images About the author: Thomas Hoenig is a dist...