Moving to a state with no income tax might seem like a clear financial win, but the reality is more complex. Higher sales, property, and overall living costs in these states often offset the initial paycheck boost, creating a nuanced picture of who truly benefits.
The Internal Revenue Service has officially designated a one-time $1,776 payment to approximately 1.5 million U.S. service members as non-taxable income, providing a financial boost that does not need to be reported on federal returns.
Global Partners LP reaffirms its quarterly cash distribution while issuing detailed U.S. tax withholding guidance for international investors, putting a spotlight on the balance between income reliability and the complexities of after-tax returns in a challenging market.
As the April 2025 tax deadline approaches, experts advise meticulous preparation to avoid penalties. A Beckley tax specialist outlines essential steps for both new and experienced filers, emphasizing the importance of documenting all income sources.
While Roth accounts dominate the retirement planning conversation, a closer look at current tax laws and long-term income strategies reveals a compelling case for prioritizing pre-tax contributions. We examine the data with an expert and explore what gold's historical returns tell us about diversification.
HSBC UK and Sage have unveiled 'My Business Finances', a new digital tool embedded within the bank's platform to help sole traders and landlords comply with upcoming Making Tax Digital (MTD) for Income Tax rules, streamlining invoicing, bookkeeping, and tax filing in one place.
A growing number of pensioners are being drawn into the self-assessment tax system as frozen thresholds clash with rising state pension payments. This guide explains who needs to file, key deadlines, and strategies to protect your retirement income.
With the annual self-assessment deadline a perennial source of stress for freelancers and sole traders, this guide breaks down the essentials of income tax and National Insurance. The landscape is set for a significant shift with the incoming Making Tax Digital regime, making this a crucial year to get to grips with the current rules.
As investors seek reliable cash flow in a volatile market, a focus on assets with strong distribution histories and growth potential remains key. Here’s a look at three income-generating investments poised for steady returns.
With property tax payments due in Texas, homeowners are exploring exemptions, payment plans, and deferrals to manage some of the nation's highest effective rates. Here’s a guide to potential relief.
As the traditional three-legged stool of retirement income evolves, future retirees must navigate a complex mix of Social Security, savings, and side gigs. We break down the key sources and strategies for building a resilient income portfolio.
A perfect storm of deep personnel cuts, leadership instability, and sweeping tax code changes is set to challenge the IRS during the upcoming filing season, potentially slowing refunds for millions. Experts advise electronic filing and direct deposit to navigate the hurdles.
As global leaders gather in Davos, a coalition of over 400 affluent individuals from 24 nations issues a stark demand: governments must impose higher taxes on the ultra-wealthy to tackle inequality.
Main Street Capital (NYSE: MAIN) stands out in the BDC sector with its unique policy of paying monthly dividends supplemented by periodic special payouts. While appealing to income-focused investors, this approach raises questions about the sustainability of its cash flows and the underlying health of its portfolio in a shifting economic landscape.
A significant tax deduction increase for seniors, set for 2026 under the 'One Big Beautiful Bill Act,' is projected to hasten the depletion of Social Security trust funds by roughly six months, raising urgent questions about the program's long-term solvency.
As the IRS sharpens its focus on digital assets, experts warn that new reporting forms and stringent tracking requirements make accurate crypto tax filing more critical than ever. Missteps could lead to severe penalties.
With the 2025 tax filing season now open, millions of Americans are looking ahead to their 2026 refunds. We break down how to track your payment, expected wait times, and the potential impact of recent legislation on your bottom line.
MarketAxess Holdings (MKTX), once a high-flying fintech darling, has seen its share price erode by nearly 70% over five years. As the bond trading platform grapples with shifting market dynamics and increased competition, investors are left debating whether the current valuation presents a rare buying opportunity or signals deeper structural challenges.
Fueled by new funding and AI-powered tools, the Internal Revenue Service is intensifying its scrutiny of gig economy and freelance income, making even small earnings reportable. Here’s what you need to know to stay compliant.
India's government has reaffirmed its stringent cryptocurrency taxation framework in the latest budget, leaving the controversial 30% levy and 1% transaction tax unchanged, dashing industry hopes for reform and cementing a policy that has already driven billions in trading volume offshore.
